By Obinna Chima, 08.22.2010   There are indications that the 10 year tenure, which the Assets Management Corporation of Nigeria (AMCON) has been pegged, may be extended.The capital market source told THISDAY last Friday that a group in the financial market would present a proposal to that effect to […]

  By Bassey Udo With additional reporting by Stanley Oronsaye August 22   The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says the Sovereign Wealth Fund being proposed by the Federal Government is illegal, as its foundations are not rooted in the provisions of the country’s constitution.   The Fund is […]

  MONDAY, 23 AUGUST 2010 01:17 PHILLIP ISAKPA     A major shift in strategy is on the cards at Oando Group with a plan by the indigenous oil company to hive off 49 percent stakes in its marketing arm, Oando Marketing, to investors, BusinessDay learnt from capital market sources close […]