Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’
The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for a major shift in the global approach to financing Africa’s development, urging the international community to make affordable, long-term capital available for infrastructure and energy projects across the continent. Oyedele, who made the call at the United Nations Dialogue […]
First Bank: Analysts recommend strong buy as investors’ bandwagon push in opposite direction
AT the backdrop of a heart-warming projections by a reputable institutional analyst, investors’ bear bandwagon appeared too strong on the stock of First Bank of Nigeria Holdings Plc (FBNH).
Insurance operators should embrace operational change, strategies — Babington-Ashaye
Mrs. Funmi Babington-Ashaye, President of the Chartered Insurance Institute of Nigeria, CIIN, at the 2018 Insurance Industry Consultative Council, IICC, media retreat for insurance correspondents in Ijebu-ode, Ogun State, spoke on efforts the Council is making to deepen insurance awareness.
14 insurance companies, 5 others may face hostile take-overs
A TOTAL of 19 quoted companies may now be under threat of hostile take-over in the Nigerian Stock Exchange, NSE, following the crashing of their stock prices below par value in the last two weeks. The stocks were exposed to low valuation when NSE removed the decades-old par value price floor of 50 kobo below which stock prices could not go down.
Retail investors are backbone of our market — Olatokunbo
Alhaji Gbadebo Olatokunbo, former National Publicity Secretary, Nigerian Shareholders Solidarity Association of Nigeria, NSSA, in this interview with Peter Egwuatu, spoke on issues affecting the capital market as well as his expectations on quoted companies’ performance.
Shareholders task SEC on proper monitoring of operators
THERE are lots of sharp practices in the Nigerian capital market and it is time for regulators, especially the apex regulator, Securities and Exchange Commission, SEC to hold the bull by the horns by scrutinising annul reports of public companies and other activities of operators.
