By Udeme Ekwere and agency report The Asset Management Corporation of Nigeria will list its bonds on the floor of the Nigerian Stock Exchange by March 31, this year. The Chief Executive Officer, AMCON, Mr. Mustafa Chike-Obi, who disclosed this to Reuters on Tuesday, noted that, unlike other debt instruments, […]

By Agency Reporter European Union regulators checking the health of banks in coming weeks should spell out to markets what is being tested and how the results will be released, a top European banking lobby has said. “Say it early, say it upfront and give people the right amount of […]

By Stanley Opara The Central Bank of Nigeria has said that the possibility of a single-digit interest rate for bank borrowers may not be attainable given the level of operational and overhead costs of banks in Nigeria. The apex bank listed lack of viable utilities and domestic term financing, among […]