By Omobolaji Solagbade with agency report The Debt Management Office said on Thursday it sold N93bn ($604.3m) in three, five and 10-year sovereign bonds on Wednesday, at its eighth debt auction of the year. The DMO said it sold N30bn of the three-year, N15bn of five-year and N25bn of 10-year […]

By Okechukwu Nnodim Two shareholder associations have expressed support for the nationalisation of three banks by the Federal Government. According to them, the move will protect the nation’s financial system from imminent crash. The CBN had on Friday, August 5, revoked the licences of Afribank,Bank PHB and Spring Bank, and […]

By Udeme Ekwere Shareholders of Nigerian Aviation Handling Company Plc have given unanimous approval to the management of the company for the transfer of its assets to a subsidiary. A statement from the company on Thursday noted that the management of the company had proposed the transfer of assets of […]