Amcon to buy bad debts in excess of 5% limit
Asset Management Corporation of Nigeria (AMCON) said it would buy the non-performing loans of banks that in excess of the five per cent regulatory maximum limit for non-performing loans.
FTSE index up by 9%
Britain’s top share index moved higher on Wednesday, led by mining and energy stocks aided by firmer commodity prices and bullish broker comment, while investors cheered results from Land Securities.
‘Why hotel rooms are expensive in Lagos’
Lagos commissioner for Tourism and Inter-governmental Relations, Senator Tokunboh Afikuyomi, has attributed the high cost of hotel rooms in the state to the forces of demand and supply.
Down slide persists, market capitalisation down by N11bn
The down slide on the Nigerian Stock Exchange NSE persisted Wednesday, as equities value represented by the market capitalisation declined by N10.80 billion.
CAF Confed Cup: Sunshine, Kaduna get officials
The Confederation of African Football ( CAF ) has released the list of officials that will handle the decisive last matches of the Confederation Cup that will qualify eight teams to the lucrative group stages.
Ehioson ready for Argentina action
Eagles striker, Ekigho Ehiosun is eager to plunder in the goals when Nigeria face off against two-time World Champions, Argentina on June 1 at the Abuja National Stadium.
