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Sovereign Wealth Fund takes off with $1bn grant

Sovereign Wealth Fund takes off with $1bn grant

Nigeria Sovereign Investment Authority, NSIA, yesterday announced the allocation of $1 billion (about N155 billion) take-off capital to the three statutory funds through which it would achieve its operational objectives.

Nigeria to host African business women’s advocacy forum

Nigeria to host African business women’s advocacy forum

Vital Voices Global Partnership and Women in Management, Business, and Public Service (WIMBIZ) have announced that they will host the Supporting Public Advocacy for Regional Competitiveness (SPARC) Program and Forum in Lagos.

AMCON to complete sale of nationalised banks by 2014

AMCON to complete sale of nationalised banks by 2014

The Asset Management Corporation, AMCON, yesterday, said it would wind up its operations by the year 2023.

Speaking in an interview in Lagos, Mr. Mustafa Chike-Obi, Managing Director/Chief Executive Officer, AMCON, also disclosed that it will complete the sale of the three nationalised banks — Enterprise Bank, Keystone Bank and Mainstreet Bank — by third quarter of 2014.