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Banks to contribute 0.3% balance sheet to fund AMCON

    THURSDAY, 22 JULY 2010 01:23 ONYINYE NWACHUKWUU     For the next 10 years, beginning December 31, 2010, banks are to contribute 0.3 percent of their balance sheet worth to a sinking fund yet to be set up, as a way of supporting funding for the Asset Management Company […]

Goldlink assure investors improved returns in 2010

  -approves 0.2 Kobo for 2009   “Goldlink Insurance PLC was Incorporated with an authorised Share Capital of 5.3 Billion Naira with a fully paid-up of 5.1 Billion Naira. This, therefore, confirms that we are one of the highly capitalised Insurance Companies in Nigeria.   To enhance our efficiency and […]

Oil rises above $78 on economic growth optimism

  THURSDAY, 22 JULY 2010 01:16         Oil rose above $78 a barrel on Wednesday after Tuesday’s strong U.S. corporate earnings raised optimism over the strength of economic recovery in the world’s largest economy.U.S. crude for September, the front-month contract after Tuesday’s expiry of August, rose 53 cents to $78.11 […]