The Central Bank of Nigeria on Monday defended the introduction of the N5,000 note, and argued that the new bill would complement the cash-less policy and reduce the cost of banking operations in the country. The apex bank also said the N5,000 note would put the country ahead of currency […]
Author: InvestAdvocate
Disquiet in SEC over workers’ promotion, posting
There was disquiet on Monday at the headquarters of the Securities and Exchange Commission in Abuja over the new promotion and internal posting policy introduced by the management headed by the Director-General, Ms Arunma Oteh. The workers’ union in SEC had vowed to oppose the management decision to subject those […]
Investors cash-in on land deals as U.S. housing picks up
From the outskirts of Las Vegas to the coast of California, stretches of undeveloped land in some of the most depressed housing markets in the U.S. are in high demand. Money managers such as BlackRock Inc, hedge fund Angelo Gordon & Co and real estate investment firm Starwood Capital, are […]
