The Federal Mortgage Bank of Nigeria has disbursed a sum of N100.5bn for building projects under the National Housing Fund, according to a document obtained from the bank. The NHF is a Federal Government scheme in which every Nigerian above the age of 21 in paid employment is entitled to […]
Author: InvestAdvocate
Nigerian Equities Market: All-Share Index Rise 1.58% to End Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Benchmark index at the Nigerian equities market on Friday climbed 1.58 percent (1.58%) after losing 1.89 percent in the last two (2) weeks to close for the week ended August 08, 2014. The equities market closed today negatively, as all-share index (ASI) at the Nigerian bourse […]
President Jonathan Declares State of Emergency over Ebola
By Our Reporter Lagos (INVESTADVOCATE)- President Goodluck Jonathan on Friday declared a national state of emergency over the Ebola outbreak in Nigeria, and approved N1.9 billion emergency funds to contain the epidemic. Reuben Abati, presidential spokesman said the money would be used to strengthen steps to contain the virus such […]