Posts Tagged ‘nigeria

Afrinvest 2008 Stock Market Outlook

As people have know now, a lot of the companies going to the market to raise capital through public offers are guilty of not listing the stocks on time and not providing the share certificate promptly. This makes it impossible for those who want to make a quick profit from doing so by selling their [...]

“I think there is something in the NSE we are all overlooking. People are waking up to the NSE and everyone is pouring money into the NSE now.Even my grand mother in the village was asking me the other day if she could buy shares.With so much money around,and few companies listed on the stock [...]

Here is a discussion on Nairaland about how stocks of the new-generation banks perform better than those of the old-generation banks. For a background, First Bank just released an impressive result for the last quarter. Despite this, there was no sustained upward movement in the stock. For those who have been watching the Nigerian Stock [...]

Nigeria’s stock exchange has been rated as the best performing stock exchange in 2007 in terms of returns. Slovenia and India came in second and third. Here is an excerpt of the report: It might be a little difficult to believe but the west African nation of Nigeria has emerged as the best performing stock [...]

James Ibori Arrested

In: News

13 Dec 2007

James Ibori, the former governor of Delta State was arrested yesterday and will be arraigned on 103 counts of corruption.

Wassup with the AGF

In: News

26 Nov 2007

I dont trust this Attorney General and Minister of Justice, Chief Mike Aondoaka. The guy wanted to interfere in the cases the EFCC brought before the court. And there was the infamous unsavory exchanges between him and Ribadu. Now, he is asking the President, Yar’Adua to stop the trial of the former Delta State governor, [...]

On Thursday, the Nigerian Senate handily voted to reject the handover of Bakassi to Cameroon.Here are excerpts of the story from Punch Newspapers: The Senate said the decision by Obasanjo to sign the August 14, 2006 Green Tree Agreement ceding the area to Cameroun, was unilateral and contrary to Section 12 (1) of the 1999 [...]

Prince Charles celebrates his wedding anniversary with Princess Camilla at the Jesus House Redeemed Christian Church of God. The fact that he even considered the Church at all is very remarkable.

This is utterly shameful and the height of disappointment. The Minister of Education, Dr. Igwe Aja-Nwachukwu represented the President, President Yar’Adua at the University of Ibadan graduation ceremony. And his English was deadly. He could not pronounce nostalgia, muddled up unemployment and underemployment and said that the President was ‘unavoidable’ absent.  This  is a serious and extremely shameful situation. Here [...]

The U-23 was spectacular as they held on to play a draw with the Ghanian Black Meteors. That is despite the fact that 2 prominent players, Mikel Obi and Taiye Taiwo were missing and that Gyan Asamaoh was in the Ghanian team. We now have to win the next game against South Africa to ensure [...]


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This blog is dedicated to informing users on the latest business and economic news news from the CBN and Nigerian Stock Exchange. Happy reading!

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