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Stocks Record 5.3% Weekly Increase, Investors Gain N740bn

Stocks Record 5.3% Weekly Increase, Investors Gain N740bn       The nation’s stock market recorded an increase of 5.3 per cent last week, with investors gaining N740bn. The Nigerian Stock Exchange All-Share Index and market capitalisation both appreciated by 5.30 per cent to close the week at 28,415.31...

AMCON Outsourced 6,000 Accounts To AMPs Worth N740bn – Kuru

AMCON Outsourced 6,000 Accounts To AMPs Worth N740bn - Kuru Managing Director/CEO, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, hinted that AMCON may disengage Asset Management Partners (AMPs) that cannot cope with the speed and enormous challenges of debt recovery expected by...

Nigeria Loses N740bn Yearly In The Rubber Industry

Nigeria Loses N740bn Yearly In The Rubber Industry     The Executive Director, National Rubber Association of Nigeria (NRAN), Dr. Sunday Kolawole, has said Nigeria loses over N740 billion ($2billion) yearly in the rubber industry. He blamed unfavourable global market prices, particularly between 1996 and 2002, for this...