Capital Market

SEC, NSE investigates alleged manipulation of AP’s accounts

  By Gbenga Agbana Thursday, 22 Jul 2010   The Securities and Exchange Commission and the Nigerian Stock Exchange are currently investigating an alleged manipulation of the accounts of African Petroleum Plc in the 2009 financial year. The commission, which spoke through its Assistant Director and Head of Media, Mr. […]

We Have Been Vindicated On Banks Recapitalization- Renaissance

SUNDAY, 18 JULY 2010 00:00 EDITOR  BUSINESS NEWS Professionals Friday’s papers were awash with the news that the Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi has, after 12 months of intransigence finally agreed that shareholders of the eight taken over banks can finally recapitalize their banks. This […]

Nigeria’s external sector worsens in Q1

  Jul 11, 2010 By Omo Gabriel and Babajide Komolafe/Vanguard Nigeria’s trade and investment relation with the rest of the world fell significantly in the first three months of the year, with foreign direct investments taking more of the heat as it dropped by 65 per cent. This deteriorating terms […]