Nigeria plans to amend investment rules to channel more of the country’s $26 billion of pension funds into corporate bonds, Nigeria Pension Commission Director-General Chinelo Anohu-Amazu said. Pension administrators, including Stanbic IBTC Pension Managers Ltd. (STANBIC) and ARM Pension Managers Ltd. (ARMAGGW), are currently investing only 2 percent of funds […]
Author: InvestAdvocate
Sanusi Lamido New Emir of Kano
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Lamido Sanusi, the expelled governor of the central bank of Nigeria (CBN), is now the new Emir of Kano, replacing Ado Bayero, who passed on Friday. The emergence of Sanusi came as a surprise to many who had said the Emirs Council had earlier on […]
Prof. Dora Akunyili Passes @ 59
Professor Nkem Akunyili, former Director-General of the National Agency for Food and Drug Administration and Control(NAFDAC), and former minister of information has passed. Akunyili, aged 59, died on Saturday in an Indian hospital where she was receiving treatment after her health depreciated few days into the commencement of the National […]