JP Morgan threatens to remove Nigeria from key bond index
JP Morgan has threatened to remove Nigeria from its Government Bond Index (GBI-EM) by the year-end unless the Central Bank of Nigeria, CBN, restores liquidity to foreign exchange market to allow foreign investors tracking the benchmark to transact with minimal hurdles.
The bank said, weekend, it had extended the deadline to eject Nigeria by another six months to take into account the arrival of President Muhammadu Buhari.
Chibok: Bring back other girls and boys
He hardly grants media chats because of the sensitive nature of his office. When he speaks, it is with bluntness and sincerity delivered with deliberate measurement. He knows that he can be misquoted out of mischief or ignorance.
Value of govt bonds drops by 60.2%
The value of government’s traded bonds at the secondary market on the Nigerian Stock Exchange, NSE declined by 60.2 per cent, indicating lower patronage when compared to the equity transactions.
I’m not lobbying to stay back as Amnesty chairman – Kuku
Immediate past Chairman of the Presidential Amnesty Programme, PAP, and Special Adviser on Niger Delta, Mr. Kingsley Kuku, has denied claims that he is lobbying to be retained in that post.
Warri Wolves hungry for league title after continental ouster
Another opportunity for a silverware eluded Warri Wolves after they failed to beat AC Leopards of Congo in the second leg tie of the CAF Confederation Cup preliminaries. But club chief executive officer, Davidson Owumi stated that the team will now gear all its efforts towards winning the Nigeria Premier League.
Adplus360 will benefit advert agents more – Shobajo
Mr. Kayode Shobajo is the Chief Executive Officer/Chief Technopreneur of Adplus Software Company Limited, a subsidiary of HiiT Plc. In this chat with Financial Vanguard, he talks about Adplus360, an online advert placement portal and how advert agents stand to benefit from the portal.
