By Yemi Kolapo The Asset Management Corporation of Nigeria has bought about N1tn non-performing loans of 22 rescued and non-rescued banks in the second phase of its rescue programme in the banking sector. The Managing Director, AMCON, Mr. Mustafa Chike-Obi, disclosed this in an exclusive interview with our correspondent on […]

By IHEANYI NWACHUKWU The Securities & Exchange Commission (SEC) said it will initiate discussion for the privatisation of the Abuja Securities and Commodities Exchange (ASCE). The Abuja Securities & Commodity Exchange was originally incorporated as a Stock Exchange on June 17, 1998. It commenced electronic trading in securities in May […]

STANDARD Alliance Insurance Plc, one of the nation’s frontline underwriting companies and two of its subsidiaries, Standard Alliance Capital and Asset Management Ltd.  and Standard Alliance Properties Ltd. have moved to their six-floor ultra-modern head office located at Lekki Phase One on the Lekki- Epe Expressway in Lagos. Before now, […]