Investors on the Nigerian Stock Exchange, NSE, have gained N468 billion in three weeks, as the positive run in the stock market continued last week. This sharply contracts the N660 billion loss suffered by investors last month on the NSE. Data from the NSE showed that market capitalization, which represents total value of all listed …
Stock market rebounds as investors net N468bn in 3 weeks Read More »
The Central Bank of Nigeria (CBN) and the Nigerian Deposit Insurance Corporation (NDIC) have commissioned a study on the establishment of an institution that would take after the Asset Management Company of Nigeria (AMCON) at its expiration. The institution, which is being scripted as a private sector-led initiative to avoid the use of public fund …
CBN, NDIC plan AMCON’s replacement, Warn on Bitcoin transactions Read More »
Hold your horses! Take a break from your busy day and get an eyeful at what went down on the 27th of November, 2016. It was a spectacle indeed as “The Cobalt Tie Dinner” was hosted by The Concept Group specially for its exclusive Clienteles. There’s nothing more exciting than when a group of like-minded …
Strong indications have emerged that the leadership of the Senate and the Presidency have reached a deal on the 2017-2019 Medium Term Expenditure Framework and Fiscal Strategy Paper earlier rejected by the upper chamber of the National Assembly. A source close to the leadership of the Senate said this was the fallout of the meetings …
Senate Will resolve Buhari’s $30bn loan request this week – Ndume Read More »
ABUJA-MEMBERS of the House of Representatives Wednesday resolve to probe into the operations of the internet based wonder bank, otherwise known as “MMM Nigeria Scheme” in order to save innocent Nigerians from falling prey to fraudsters in this era of economic recession. Consequently, the House has mandated its committees on banking and currency as well …
Nigerians participating in MMM scheme vulnerable to losing investment Read More »
