Updates

OPEC’s Rebalancing Act

March 20, 2017/iMFdirect By Rabah Arezki and Akito Matsumoto In November 2014, the Organization of Petroleum Exporting Countries (OPEC) decided to maintain output despite a perceived global glut of oil. The result was a steep decline in price. Two years later, on November 30, 2016, the organization took a different […]

Bill Gates again world’s richest man; Trump slips

Bill Gates, Microsoft Co-Founder and US President Donald Trump. Photo Credit: Yahoo. News March 20, 217/AFP John BIERS Microsoft co-founder Bill Gates once again topped the Forbes magazine list of the world’s more than 2,000 billionaires, while US President Donald Trump slipped more than 200 spots, the magazine said Monday. […]

AMCON Says Sigma Golf – Riverbank Consortium Acquires Keystone Bank

March 20, 2017/AMCON The Asset Management Corporation of Nigeria (“AMCON” or the “Corporation”) is pleased to announce Sigma Golf Nigeria Limited and Riverbank Investment Resources Limited (the Sigma Golf – Riverbank consortium) as the new investors in relation to  the acquisition of the entire issued and fully paid up ordinary […]