The delayed approval by the National Assembly of a request by the Federal Government for a $1.2bn infrastructure loan from the World Bank may make the country lose the loan offer. The Minister of Finance, Dr. Ngosi Okonjo-Iweala, said that the fund had been approved by the bank for Nigeria […]
Author: InvestAdvocate
NSE delists Confidence Insurance from the DOL
The Nigerian Stock Exchange has announced the delisting of the shares of Confidence Insurance Plc from its Daily Official List. The Exchange noted in its report on Friday that by the action, the total number of listed equities has been reduced to 201, while the number of listed companies is […]
CBN to release guidelines for banking crisis resolution
The Central Bank of Nigeria has said it will take practical steps to prevent another crisis in the banking sector. It has, therefore, announced plan to release a comprehensive framework for the resolution of banking crisis. The Deputy Governor, Financial Systems Stability, CBN, Mr. Kingsley Moghalu, said at a forum […]
