By Ademola Alawiye Monday, 13 Dec 2010 Inter-bank rates rose last week as a result of pressure on rates from the foreign exchange market despite efforts by the Central Bank of Nigeria to douse the tightness in the market through its Open Market Operations. Available data from the FSDH Weekly Report […]

By Ademola Alawiye Monday, 13 Dec 2010 International Financial Reporting Standards will lead to an increase in investments in the country, when it is fully adopted, accounting experts have said. The experts said at a seminar on IFRS on Thursday, that IFRS would attract international investors and enable easy monitoring of […]

By Ademola Alawiye Monday, 13 Dec 2010 Flour Mills of Nigeria Plc has announced the successful conclusion of its N37.5bn Series 1 fixed rate senior unsecured bond issue. At the Completion Board Meeting held by the company on Friday, a total of N49.8bn bids were received from a varied composition of […]