By Stanley Opara with agency report Friday, 11 Feb 2011 Nigeria’s sovereign wealth fund, currently under debate in the National Assembly, will set aside at least 20 per cent of its assets accrued from crude oil exports for future generations. The Nigeria Sovereign Investment Authority will be split into the Nigeria […]
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Stocks fall as Portugal’s risk rises
By Agency reporter Friday, 11 Feb 2011 Stocks dropped, dragging a gauge of developing markets to its biggest loss since November, while the dollar strengthened as accelerating global inflation drives up borrowing costs. Bloomberg News reported on Thursday that Portugal led an increase in the cost of insuring European government’s debt […]
Access Bank joins ISDA
By Agency Reporter Friday, 11 Feb 2011 Access Bank Plc has said it has been admitted as a primary member of the International Swaps and Derivatives Association. ISDA is a global trade association for participants in privately negotiated derivatives. The bank’s Managing Director, Mr. Aigboje Aig-Imoukhuede, said in a statement on […]

