By Stanley Opara Tuesday, 30 Nov 2010 International Finance Corporation, a member of the World Bank Group, has announced a $70m investment in First City Monument Bank Plc to support the bank‘s growth strategy and help it increase financing of small and medium enterprises. IFC‘s investment would consist of a long-term […]

By Gbenga Agbana Tuesday, 30 Nov 2010 The Securities and Exchange Commission, through its subsidiary, the Nigerian Capital Market Institute, is currently training capital market operators on ways to discourage money laundering and market abuse. Speaking at the workshop with the theme, ”Anti-Money Laundering and Market Abuse,” the Director-General of the […]

By Ademola Alawiye Tuesday, 30 Nov 2010 Market indices at the Nigerian Stock Exchange on Monday recorded marginal gains, as trading in the banking sub-sector buoyed trading volume. At the close of activities, a total of 242.95 million shares, valued at N1.63bn were exchanged in 5,305 deals. Activities in the banking […]