Mr Sehinde Adenagbe, the Managing Director, Standard Union Securities Ltd., on Monday said the signing of the 2014 budget in May would hamper infrastructure development and stock market growth.

BY JONAH NWOKPOKU Stakeholders in the financial sector have raised questions over the effectiveness and success recorded by the Asset Management Corporation of Nigeria, AMCON in its debt recovery efforts since it was set up in 2009. They also argued among other things, against the Act increasing the lifespan of the corporation and AMCON’s increasing […]

By BABAJIDE KOMOLAFE The Central Bank of Nigeria (CBN) has simplified ownership of bank accounts by creating three types of accounts through the Tiered Know Your Customer (KYC). The aim is to make financial services easily accessible to more Nigerians. The Lower Level Account and Middle Level Account are both savings and can be opened […]

The Federal Government has said that the implementation of the National Quality Infrastructure Policy, NQIP, which would serve as support to the Nigerian Industry Revolution Plan will help to grow the country’s Gross Domestic Product to $558.45bnwithin the next five years.

FMDQ OTC Plc is seeking collaboration with the Nigerian Stock Exchange, NSE, to introduce more tradable instruments in the financial market.FMDQ is a Securities and Exchange Commission (SEC)’s licenced window for trading fixed income securities in the Nigerian capital market. It is also a self-regulatory organisation (SRO).