By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Global Alternative Asset Manager, The Carlyle Group has invested $147 million through its Carlyle Sub-Saharan Africa Fund in Diamond Bank Plc, the Nigerian lender said on Monday in a statement. Diamond Bank affirmed the investment was made possible through purchase by the company of […]

Fri Nov 21, 2014/Reuters Nigeria’s overnight lending rate fell to 9.75 percent on Friday, from 18 percent at the previous close, after government monthly budget disbursals flowed into the banking system, dealers said. Liquidity had dried up after pension funds snapped up bonds before an expected central bank ruling on […]

By Peter OBIORA InvestAdvocate Abuja (INVESTADVOCATE)-Collective Investment Schemes (CIS) in Nigeria currently stands at $1.0 billion, Louise Eni-Umukoro, director, CIS Securities and Exchange Commission (SEC) said on Friday at the 2014 SEC Journalists academy in Abuja Nigeria. The SEC’s director, CIS in her lecture titled “Regulation of Collective Investment Scheme’’ noted […]