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 […]

June 04, 2014 By Oyetunji Abioye/Punch The Guaranty Trust Bank Plc says it is committed to promoting Small and Medium Scale Enterprises in the country. As a result, the bank has introduced an e-commerce business portal aimed at stimulating the expansion and competitiveness of the SMEs in the country. The […]

Apple Inc (AAPL.O) will buy Beats for about $3 billion and bring recording mogul Jimmy Iovine into its ranks, hoping to win points with the music industry and help it catch up in fast-growing music streaming. As expected, Beats co-founders Iovine and rapper Dr. Dre will join Apple as part […]