Africa Finance Corporation (AFC) has completed a $ 50 million bilateral loan facility grant with Standard Bank Plc (part of the Standard Bank Group).

Accenture, the celebrated management consultancy firm, may have been shown the way out of the Nigerian Stock Exchange (NSE) offices as its functions have been replaced with other bodies set up by the NSE to continue with its controversial restructuring projects.

International Financial Reporting Standards (IFRS) represent a major change for the organisation. Change in not only the reporting of the financial results, but also changes in internal systems, business processes, performance management, external communication and more. Nigerian companies will begin reporting under IFRS standards as of January 1, 2012.

A major crisis is brewing in the Nigerian capital market, following perceived  subterranean moves to implement the proposed demutualization of The Nigerian Stock Exchange (NSE).

Development is the objective of every rational human being on earth and one of the cardinal goals of human existence. It includes among others sustainable improvement that yields the highest possible level of satisfaction and fulfillment as a person and a nation in general. In this piece, KAYODE OGUNWALE takes a look at the role of the capital market in the economic development of Nigeria.

CONTRARY to the projection by analysts that the 2010 financial results of some quoted companies would lift the stock market to higher heights when they are released, the market continued on a downhill journey even with the release of impressive results by Guaranty Trust Bank Plc, Zenith Bank Plc, Access Bank Plc, among others.

The Debt Management Office (DMO) recently organised a retreat for financial journalists in Kaduna to intimate them of the activities of the office and the management of the nation’s debt .

THE management of Access Bank Plc, last week, notified the Nigerian Stock Exchange (NSE) of its intentions to completely divest from its non-banking subsidiaries, United Securities Limited and Access Investments and Securities Limited and integrate the operations of its Mortgage Banking subsidiary, Access Homes and Mortgages Limited into its Retail Banking Division.