Thursday, 02 December 2010 The Asset Management Corporation of Nigeria (AMCON) plans to sell N2.5 trillion ($16.6 billion) of zero coupon bonds, Mustafa Chike-Obi, managing director, disclosed yesterday.   The sale will finance the purchase of toxic debt from commercial banks. The first tranche of the bonds will be sold […]

By Agency Reporter Friday, 3 Dec 2010 The Federal Government may soon issue a warrant for the arrest of a former United States Vice-President, Mr. Dick Cheney, Bloomberg.com reports. The prosecuting lawyer to the Economic and Financial Crimes Commission, Mr. Godwin Obla, told Bloomberg in an interview in Abuja on Thursday […]

By Agency Reporter Friday, 3 Dec 2010 Airtel Nigeria has introduced a new tariff structure of 20k per second after the first minute of the day, according to a statement by the company on Thursday. Tagged, “2Good Offer,” the company said Airtel subscribers would pay 60k per second for the first […]