30/10/2016/Nairametrics The Asset Under Management (AUM) of FBN Capital Asset Management has fallen dramatically over the last few months. Per data from the SEC, the AUM of the fund manager stood at N34.9 billion as at September 30th 2016. This represents a whopping 69.3% decrease from its Dec 2015 AUM […]
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Stockworld: How recession affects capital market activities
October 31, 2016/Sunnewsonline.com By Chinenye Anuforo and Chinwendu Obienyi Economic recession is a period of general economic decline and is typically accompanied by a drop in the stock market, an increase in unemployment, and a decline in the housing market. Generally, a recession is less severe than a depression. Recession […]
KPMG Nigeria sees significant growth in mobile banking
31/10/2016/Punch ’Femi Asu KPMG Nigeria has described the improvement in mobile banking in the country as significant, attributing it to investments made by banks. The professional service firm stated this during the presentation of its 2016 Africa Banking Customer Satisfaction Survey in Lagos. According to the report, 42 per cent […]
