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Dangote affirms stability of Nigeria’s investment climate

By Udeme Ekwere The Chairman, Dangote Group, Alhaji Aliko Dangote, has said that the Nigerian market still holds a lot of investment opportunities for both foreign and local investors. According to him, despite the various political challenges affecting activities in some parts of Asia and the Middle East, the Nigerian […]

Stocks rally on economy improvement

By Agency Reporter United States stocks rallied, sending the Dow Jones Industrial Average up the most in three months, as oil retreated and reports signaled the global economy is improving. The euro strengthened as the European Central Bank said an interest-rate increase may be coming. Bloomberg News reported on Thursday […]

NDIC pays N69.9bn dividend to failed bank depositors

By Segun Olatunji, Kaduna The Nigeria Deposit Insurance Corporation said on Thursday in Kaduna that it had so far paid the sum of N69.90bn as aggregate dividend to the depositors of 48 liquidated banks in the country. The NDIC said it had also paid about N7.6bn out of the N17.9bn […]