By Udeme Ekwere The Nigerian Stock Exchange has admitted Flour Mills of Nigeria Plc’s N37.5bn 12.00 per cent Fixed Rate Senior Unsecured Bond into its Daily Official List. According to the Exchange’s weekly report for the week ended March 4, 2011, the bond will be due in December, 2015. The […]

By Olamilekan Lartey, Abuja Special anti-graft operatives from the Economic and Financial Crimes Commission probing the N12.86bn missing fund scandal rocking the nation’s pension scheme on Sunday sealed off two filling stations in Kogi State. The stations were said to have been traced to a former director in the Pensions […]

By Our Correspondent Nigerian inter-bank lending rates were stable at nine per cent on the average this week as cash inflows from government agencies countered the impact of huge outflows for foreign exchange purchases and withdrawals by the state oil company. The secured Open Buy Back closed flat at 8.50 […]