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AMCON’s intervention in four sectors now N123.6bn

The Asset Management Corporation of Nigeria has so far spent N123.6bn in its intervention programme in four sectors of the economy. The sectors are stock market, manufacturing, agriculture and construction,… Read more »

AMCON bonds to aid real sector growth-Analysts

ByAdemola Alawiye Analysts have said that the zero coupon bonds issued by the Asset Management Corporation of Nigeria will boost the real sector of the economy. They said that the… Read more »

Central banks and challenges of financial stability

  Friday, 25 June 2010   John Lipsky, first Deputy Managing Director, International Monetary Fund (IMF), delivered this lecture at the International Conference on Central Banks and Development of the… Read more »

Insurance: Why huge unpaid premiums persist

  By Friday, 25 Jun 2010    The inability of insurance operators to have a good check-process that will enable them to know whether a customer has paid his premium… Read more »

BP shares down, spill-related legal battles rage

  Reuters On Thursday June 24, 2010, 11:00 pm EDT By Ernest Scheyder VENICE, Louisiana (Reuters) – The Gulf of Mexico oil spill entered its 67th day on Friday with… Read more »

FG sells N80bn in sovereign bonds

Friday, 25 Jun 2010      The Federal Government auctioned N80bn worth of 20-year, five-year and three-year sovereign bonds at its sixth debt auction of the year.   The Debt Management… Read more »

Nigerian airlines struggle under heavy debt burden

  FRIDAY, 25 JUNE 2010 01:17            Nigeria’s airlines owe banks and the government as much as N300 billion ($2 billion) after funding rapid expansion with short-term loans, leaving some… Read more »

May & Baker eyes N40bn international funds

  Jun 24, 2010 By Peter Egwuatu   May and Baker Nigeria Plc has declared its willingness to access the N40 billion international funds, even as it intensify effort to… Read more »