Nigeria: ETB Boss Challenges Money Market Dealers on Bond Market

2 September 2009

Abuja — With the recent publicity given the need to resuscitate bond market which recently received attention of the Bankers' Committee, the Managing Director of Equatorial Trust Bank, Ike Oraekwuotu has challenged members of the Financial Markets Dealers Association to come up with a policy that would create a robust bond market that will facilitate infrastructural development in the country.

The ETB boss who stated this at the Annual General Meeting of the Association recently also noted that the initiative by the Association to partner the Nigerian Stock Exchange to introduce a retail window in the bond market would encourage wider participation by stakeholders and enhance vibrancy in the bond market.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.