Author: Marketforces Africa
MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.
On the back of strong its determination to deepen liquidity in the stock market, the Securities and Exchange Commission (SEC) www.sec.gov.ng is engaging the National Pension Commission (PENCOM) and the Asset Management Corporation of Nigeria (AMCON) on securities lending.
The Nigerian economy strengthened further in the third quarter of the fiscal year 2019 as it recorded improved productive performance.
Nigerian’s total debt profile is N25.7 trillion, Debt Management Office says.
Savanah Bank has been unable to return to the banking business 17 years after its license was restored and reps are furious as they set to probe what went wrong.
Ahmed Lawan Kuru, the Managing Director/CEO, Assets Management Corporation of Nigeria (AMCON) has disclosed that the over N1trillion that AMCON has recovered so far accounts for 61% of the Eligible Bank Assets (EBAs) purchase price of N1.7 trillion.
Unity Bank says it is in partnership with Avant-Garde Innovation and Technology Services (AGITS) to deepen advocacy initiatives for stronger climate action that will entrench values and ethos for achieving Sustainable Development Goals in the country.
The Chairman of the board of the Securities and Exchange Commission (SEC), Olufemi Lijadu, has stressed the need for exploration of the country’s non-oil sector for economic growth and development.
On the back of recent upswing in general increase in average prices of goods and services in the economy, analysts have predicted that Nigerians may experience weak purchasing power in the coming months.
The Board of Directors of Access Bank Plc (www.accessbankplc.com) has announced the appointment of Dr. Ajoritsedere Awosika as its Chairman designate.
Seplat Petroleum Development Company Plc (www.seplatpetroleum.com) has announced that her pioneer Managing Director and later CEO, Mr. Austin Avuru will be retiring in July 2020 after 10 years of leading the company.