Investors have gone through the last one week that none of us will ever forget.
 
Proshare is of the belief that, having no divine wisdom to answer why this has been; we must remain true to the basic of all human duty – enquire on what is to be.
 
Are our banks therefore technically insolvent?
 
The disclosures that [...]

Continue reading...

   
In the current bearish environment of the Nigerian Stock Market, it is probably an oxymoron to have an article titled “Buying the Best NSE Listed Bank Stocks”. Is this possible in the current environment?  It is an open secret that in the last 21 months the Nigerian Stock Exchange (NSE) all share index has declined [...]

Continue reading...

 
December 06, 2009
0345 hours, Lagos, Nigeria
 
 
“Behind any process of corporate decline, there is an infinite string of deceptions”– PEDRO NUENO
  
 
Sure, the CBN cleared banks appear to be stabilized, but you’ve probably noticed the weekly wave of reported bank losses the market is provided with from those the CBN took over their managements and invested over [...]

Continue reading...