Stocks Extend Losing Streak, Investors Lose N240bn       Investors in the Nigerian stock market lost N240bn in the first trading week of March as the market capitalisation declined further. The Nigerian Stock Exchange All-Share Index and the market capitalisation dropped by 1.18 per cent to close last...

AMCON In Talks With Pan Ocean To Resolve N240bn Debt         The Asset Management Corporation of Nigeria has said there are ongoing discussions between it and Pan Ocean Group to see how to amicably resolve the oil firm’s N240bn debt through a settlement framework. AMCON said on...

AMCON Takes Over Pan Ocean Assets Over N240bn Debt   The Federal High Court, presided over by Justice A.M. Liman, in the suit between the Asset Management Corporation of Nigeria (AMCON) vs Everest Nominees Limited, and Dr. Bolaji Ogundare, a subsidiary of Pan Ocean Group, has...

Industry Loses N240b To Eight Million Uninsured Automobiles The insurance industry has lost a whopping N240 billion premium income from the non-insurance of an estimated eight million tricycles and motorcycles which ply Nigerian roads between 2000 and 2017, The Guardian has learnt. This figure, according to...