The Federal Government’s forbearance package may still be open to stockbrokers affected by margin loans, the Association of Stockbroking Houses has said. The Chairman, ASHON, Mr. Emeka Madubuike, who spoke to our correspondent on Monday, explained that brokers who were not able to accept the forbearance offer due to one […]
Tag: Federal Government
Examining effects of foreign dominance on Nigerian market
At present, foreign investors control over 70 per cent of transactions in the Nigerian capital market. Does this have any implication on the market? UDEME EKWERE analyses the situation from operators’ perspectives During the global meltdown of 2007 and 2008, a lot of global and local firms were negatively affected. […]
Investment of SWF to begin March 2013 – FG
The Federal Government on Thursday said it would from March 2013 begin the investment of the Sovereign Wealth Fund as mandated by the Act setting it up. The Minister of Finance, Dr. Ngozi Okonjo-Iweala, said this in a statement issued by her Senior Special Assistant on Communications, Mr. Paul Nwabuikwu. […]
