Business News

AMCON bonds to aid real sector growth-Analysts

ByAdemola Alawiye Analysts have said that the zero coupon bonds issued by the Asset Management Corporation of Nigeria will boost the real sector of the economy. They said that the bonds would boost the banks liquidity, thereby creating more funds to be lent to the real sector. AMCON on Wednesday […]

AMCON ‘ll encourage short-selling of its securities – Chike-Obi

By Stanley Opara with agency report   The Asset Management Corporation of Nigeria will encourage short-selling by lending its assets to traders who want to borrow, Chief Executive Officer of the corporation, Mr. Mustafa Chike-Obi, has said. He said in an interview in Lagos, on Thursday, “If they want to […]

As global economic recovery remains strong in 2010, risks mount for 2011-Morgan Stanley

  By investadvocate March 19, 2010- 15:56 GMT As the global economy remains strong in year 2010, there are risks mounting for year 2011. This was contained in a Report on the Finfacts website, an Irish Business and Finance portal.   The Finfacts team reports that two (2) Economists from […]