In a bid to forestall another crisis in the banking sector, the Central Bank of Nigeria has placed restriction on lending relationships between Deposit Money Banks and their holding companies. The Governor, CBN, Mr. Lamido Sanusi, said at an investors’ conference organised by Renaissance Capital in Lagos on Monday that […]
Tag: Investors
Big Dell Investor Cries Foul, but Traders Don’t Care
If you’re Michael Dell, you contend you’re doing shareholders of your company a favor. If you’re an investor in Dell (DELL), you may well feel like you’re getting low-balled. Dell’s largest outside investor, Memphis-based Southeastern Asset Management, agrees with the latter position, saying it won’t support the $13.65-a-share management-led buyout […]
Banks, Investors Splash N11tn on Treasury Bills
A total of N11.089 trillion was invested in treasury bills by financial institutions and investors in 2012, data compiled by THISDAY have shown. It showed that while a total of N4.393 trillion was invested in the short-term instrument through the Central Bank of Nigeria’s (CBN) Open Market Operations (OMO), treasury […]
