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Banks trade AMCON bonds for cash and future gains

Banks trade AMCON bonds for cash and future gains

The N1.7 trillion bonds issued by the Asset Management Corporation of Nigeria(AMCON) in exchange for bad loans of banks have become a source of trading for cash (arbitrage) at the interbank market.

BetOnmarkets expands online trading options

BetOnmarkets expands online trading options

BetOnMarkets, a fixed odds financial trading service provider said it is extending its fixed odds trading to more Nigerians, as a result of the growing demand for access to financial markets.

WDAS: CBN sells $9.488 bn in four months

WDAS: CBN sells $9.488 bn in four months

The Central Bank of Nigeria sold $9.488 billion at the bi-weekly foreign exchange auction in four months, while the interbank money market however, recorded net ouflow of N317.6 billion in April.

Plural Media launches  Digiadvans Market Storm

Plural Media launches Digiadvans Market Storm

In a timely move to enable her discerning clients maximise the impact of their ad campaigns ‘Where it matters most’, Plural Media Limited, an Out-Of-Home (OOH) media company has launched a multi-point and targeted advertising service in the more than 200 key markets in the South-West, starting from Lagos metropolis using her ‘Digiadvans’ called ‘Operation Digiadvans Market Storm’.

Crisis looms in Orogun

Crisis looms in Orogun

CRISIS is looming in Orogun ward II, Ughelli North Local Government Area, Delta State over the misfortune of the Peoples Democratic Party, PDP, in the ward in the just concluded general elections.

NPP chieftain lauds Jonathan’s victory at polls

NPP chieftain lauds Jonathan’s victory at polls

CHAIRMAN of the New Patriotic Party of Ghana, Nigeria chapter, Mr. Atiemo Gyan, has described the recent elections in the country as impressive, adding that President Goodluck Jonathan made history by changing the face of electioneering process in the country.

Falcons fall in Ghana!

Falcons fall in Ghana!

Reigning African Queens, the Super Falcons of Nigeria will be conspicuously missing when the best women football teams gather for the football event of the 2011 All Africa Games in Mozambique, later this year.