AMCON woos investors on long-term opportunities
The ongoing recession notwithstanding, Asset Management Corporation of Nigeria (AMCON), at the weekend, reiterated the potential inherent in the economy for long-term investors.
Info tech company moves to address underwriters’ policy challenges with new software
ATB Techsoft Solutions Limited, an information technology and software development company, has revealed a unique software solution called “Ultisure” that will help bridged gaps in insurance operations.
Ecobank’s Masterpass records high patronage
Ecobank Nigeria said its product- Masterpass QR is now attracting huge patronage, as customers are treated to its service delivery.
The political economy of BDCs and black market premiums
Bureaux de change (BDCs) and their cousins, the road side black market dealers, need no introduction. They exist in almost every town across the country. In most towns, there are whole streets associated with currency trading...
Fidelity, Diamond, others lift NSE’s turnover by N9b
Heavy transactions in the shares of some banks, especially Fidelity Bank Plc and Diamond Bank, last week, lifted the volume of shares traded, as a turnover of 1.117 billion shares worth N9.041 billion was recorded in 16,482 deals by investors on the floor of the Exchange.
Heritage Bank deepens support for agric value chain
Heritage Bank Plc has disclosed plans to partner in the ongoing efforts to revolutionise the country’s agricultural value-chain, particularly the rice farming.The move to achieve these is also part of efforts to enhance agribusiness and aid economic development ......
Government to revive commodity exchange, seals equity deal with NSIA
The Federal Government has completed arrangements to inject the approved strategic equity investment by the Nigeria Sovereign Investment Authority (NSIA) in the Nigeria Commodity Exchange (NCX) for a period of up to five years.
Uniform exchange rate for BDCs and naira’s stability
In recent years, the pursuit of exchange rate stability has been tough. The drop in crude oil prices and depletion of foreign reserves have led to the depreciation across markets.