The managing director, Asset Management Corporation of Nigeria (AMCON), Mr Mustafa Chike-Obi, at the weekend offered insights on the decision of the corporation to start the sale of its three banks – Enterprise Bank, Keystone Bank and Mainstreet Bank, describing the step as the best way forward for a successful […]
Author: InvestAdvocate
Govt borrowing increased by N700bn in four months â€â€ÂSanusi
The Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, has said that government increased its borrowing in securities by N700bn in four months. The governor disclosed on Thursday in Lagos that government also reduced its savings to commercial banks and with the CBN by about N1.4tn during the same period. […]
Insurers move to increase number of policyholders
Underwriting firms appear to have seen the need to expand their market reach by introducing affordable insurance policies that can easily attract voluntary purchase and increase the percentage of policyholders from less than one to about 30, NIKE POPOOLA writes When the enforcement of the compulsory insurance policies began through […]
