AMCON To Sell Polaris Bank In Two Years

The Asset Management Corporation of Nigeria (AMCON) says it plans to sell Polaris Bank within two years. Ahmed Kuru, chief executive officer, AMCON, said this in an interview with Bloomberg in Lagos. The Central Bank of Nigeria (CBN) had revoked the operating licence of Skye Bank in September for failing to meet capital and liquidity […]

Continue Reading

NSE Indices Extend Losses By N94 Billion

The bears maintained dominance at the end of yesterday’s transactions on the equity sector of the Nigerian Stock Exchange (NSE), following price losses incurred by most highly capitalised stocks, as market capitalisation depreciated further by N94 billion. Specifically, the All-Share Index (ASI) shed 257.62 absolute points, representing a decline of 0.79 per cent to close […]

Continue Reading

Who is John Chow?

Online world: John Chow. John Chow: The Man John Chow is a Canadian citizen, living in Vancouver, who’s been working online since mid-1999 (That I know of). Before working online, he was a partner in a local Richmond printing company where he worked for over 10 years. At some point, he decided that he wanted to […]

Continue Reading

Like Apple, Amazon Hits $1 Trillion Valuation

Amazon.com Inc. has followed Apple Inc. to become the second U.S. company to reach $1 trillion in market value, reflecting the online retailer’s striking transformation from a profitless bookseller into a disruptive force of commerce. Shares of Amazon climbed 1.9% in midday trading on Tuesday, topping the $2,050.27 needed to push the company’s value above […]

Continue Reading