By Ademola Alawiye The Executive Director, Finance, Asset Management Corporation of Nigeria, Mrs. Foluke Dosumu, said on Friday that the corporation had started a process to gauge investors’ interest in the sale of $195m (N30bn) in bonds. Bloomberg quoted Dosunmu as saying at a presentation in Lagos that “the bonds […]

  By   Ayodele Aminu and Collins Nweze The Asset Management Corporation of Nigeria (AMCON) has said that none of the 10 banks rescued by the Central Bank of Nigeria (CBN) will be nationalised, despite huge investments the corporation has staked in them. AMCON Managing Director Mustafa Chike-Obi said although the […]

  On 5th August 2010, the Securities and Exchange Commission intervened in The Nigerian Stock Exchange (NSE) as a result of developments in the Exchange which were eroding investor confidence and undermining the integrity of the Nigerian Capital Market.   The intervention which was to safeguard the interest of the […]