Author: InvestAdvocate

Nigerian inter-bank rates flat on fresh inflows

  Monday, 30 Aug 2010            Nigerian inter-bank lending rates remained flat at 1.1 per cent on the average this week as more cash inflow from central accounts to government agencies boosted liquidity in the system, traders said on Friday.   According to Reuters, ”About N110.7bn from the excess crude […]

Jonathan to constitute AMCON board today

  MONDAY, 30 AUGUST 2010    The Board of the Asset Management Corporation of Nigeria (AMCON) may be constituted today, President Goodluck Jonathan announced on Friday in Lagos.The president made this known at a special audience with executives of the financial sector, held at the Dodan Barracks in Lagos. AMCON […]