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Equities close positive, index rises by 0.04%

Nigerian shares recorded marginal gains on Thursday as the capital market closed positive for the second consecutive day. At the end of trading activities on the floor of the Nigerian Stock Exchange, the NSE All Share Index appreciated by 0.04 per cent or 9.93 basis points to close at 26,356.63 […]

Professional advice is key in making investments – Nyamali, MD, GTB Asset Mgm’t

The Managing Director, GTB Asset Management Ltd., Mr. Nicholas Nyamali, discusses a wide range of financial issues, especially how to invest without getting one’s fingers burnt, with SUCCESS NWOGU The Federal Government has inaugurated the Sovereign Wealth Fund board. Do you think the  fund will benefit Nigerians? The idea behind […]

BP to pay $4.5 billion to U.S. in oil spill plea deal

BP Plc will pay a $4 billion penalty and plead guilty to felony misconduct in the Deepwater Horizon disaster that caused the worst offshore oil spill in the country’s history, the company said on Thursday. The company will also pay $525 million to settle securities claims with U.S. regulators. In […]