Tag Archives: NDIC

Senate Set To Strengthen AMCON’s Debt Recovery Drive

Senate Set To Strengthen AMCON’s Debt Recovery Drive The Chairman of Senate Committee on Banking, Insurance and other Financial Institutions, Senator Rafiu Ibrahim yesterday in Uyo hinted that the time would soon run out on recalcitrant obligors of Asset Management Corporation of Nigeria (AMCON), given the renewed commitment of the Senate to build strategic collaborations that would develop greater capacity …

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EDC Fund Management launches Mutual Funds

EDC Fund Management launches Mutual Funds  EDC Fund Management , the Asset Management arm of Ecobank in Nigeria has announced the launch of two mutual funds –  The EDC Nigeria Money Market Fund, and the EDC Nigeria Fixed Income Fund. The mutual funds gives customers of the Corporation and other interested Nigerians the opportunity to diversify their investment portfolio with as …

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NSE ETFs assets hit N4.26bn in five years– Onyema

NSE ETFs assets hit N4.26bn in five years– Onyema The Nigerian Stock Exchange on Monday said the Assets Under Management of the eight listed Exchange Traded Fund stood at N4.26bn as at September, 2016. The NSE Chief Executive Officer, Mr. Oscar Onyema, spoke at the ETF 2016 workshop organised by the bourse in partnership with Stanbic IBTC Asset Management, Lotus …

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Why Nigerians shun banks, keep money at home

Why Nigerians shun banks, keep money at home   Some experts have identified greed, corruption and instability of the financial sector as reasons why people keep money at home. In South-West, a financial analyst, Mr. Rotimi Agboluaje, bemoaned the trend, saying this had impacted negatively on the economy.   Agboluaje cited illiteracy, lack of financial education and lack of confidence …

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Lagos Trade Fair Open’s Today

Lagos Trade Fair Open Today The Lagos Chamber of Commerce and Industry (LCCI), the premier Chamber of Commerce and a leading voice in the organised private sector (OPS) in Nigeria, is set to host the 30th edition of the Lagos International Trade Fair. The Opening Ceremony takes off today at the Tafawa Balewa Square, Onikan, Lagos. While the Closing Ceremony …

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