Author Archives: InvestAdvocate

Why govt’s economic targets fail, by Ibru

  WEDNESDAY, 23 JUNE 2010 FROM OGHOGHO OBAYUWANA, ABUJA   The  pressure on money market following the implementation of the Central Bank of Nigeria’s (CBN) reforms in 2009 pushed up… Read more »

Capital market investors vow to stop Bill on unclaimed dividends

  WEDNESDAY, 23 JUNE 2010 01:16    Shareholders in the country have vowed to stop a proposed Bill before the National Assembly seeking to establish a government agency that would… Read more »

AMCON: The journey so far

  WEDNESDAY, 23 JUNE 2010 00:00 BY   The Asset Management Company of Nigeria (AMCON) may have emerged as a tangential issue in the nation’s banking industry.     Currently,… Read more »

Reform: Tightening the loose end in MFBs’ operations

  WEDNESDAY, 23 JUNE 2010 BY   When the Microfinance Banks (MFBs) came into operation, it was meant to cater for the ordinary citizens. It had its operational spheres but… Read more »

Banks Move Cash to Bonds, Depress Yield

  By 06.22.2010     Banks are moving the bulk of their funds from fiscal spend and other sources to bonds – a development that has triggered excess demand for the… Read more »

Regulation: SEC to Sign MoU with Morocco

  By , 06.22.2010    The Securities and Exchange Commission (SEC) will soon sign a Memorandum of Understanding (MoU) with the Moroccan Securities and Exchange Commission (Conseil Déontologique des Valeurs… Read more »

Recapitalisation: Rights Issue to The Rescue

  By Eromosele Abiodun, 06.22.2010   When the secondary market of the Nigerian Stock Exchange (NSE) was very attractive, companies (mostly banks), which raised money during government-induced consolidation in the… Read more »

Financial Reporting: World Bank to Assist Nigeria

  By Emele Onu, 06.23.2010    The World Bank has offered to assist Nigeria develop capacity to regulate financial reporting and also ensure that financial reporting in the country attains… Read more »

Can Banks Sustain Q1 Performance?

    06.22.2010    After most banks exposed their losses and meagre profits, the calculations currently for most of the banks, is how to strategise to ensure that the numbers… Read more »

BP puts Bob Dudley in key Gulf clean-up role

  By ROBERT BARR, Associated Press Writer LONDON – Embattled Englishman and CEO Tony Hayward on Wednesday handed over BP’s handling of the Gulf of Mexico oil spill to an… Read more »