U.S. Firm, NMRC Sign MoU for $1 Billion Investment in Mortgages
Cantor Fitzgerald, a renowned investment company based in the United States of America, has recently signed a memorandum of understanding with the Nigeria Mortgage Refinance Company (NMRC) for $1 billion (about N200 billion) in mortgages in a bid to broaden the Nigerian housing market. The global investment firm with strong expertise in asset-backed mortgage securities, […]
Nigeria Loses to United States
The Super Eagles of Nigeria lost 2-1 to their American counterparts, courtesy of a brace from Jozy Altidore, in their final warm-up game before the World Cup commences next week. The brace ended Altidore’s six-month goal drought for his country. Altidore grabbed his first goal just after 30 minutes, with an easy […]
US Final 23 For FIFA World Cup 2014
US Final 23: Goalkeepers: Brad Guzan (Aston Villa), Tim Howard (Everton), Nick Rimando (Real Salt Lake). Defenders: DaMarcus Beasley (Puebla), Matt Besler (Sporting Kansas City), John Brooks (Hertha Berlin), Geoff Cameron (Stoke City), Timmy Chandler (Nuremberg), Omar Gonzalez (LA Galaxy), Fabian Johnson (Hoffenheim), DeAndreYedlin (Seattle Sounders). Midfielders: Kyle Beckerman (Real Salt Lake), Alejandro Bedoya […]
Sovereign Wealth Fund: Nigeria Invests in $200 Million US Bonds
Nigeria through its Sovereign Wealth Fund (SWF) has invested $200 million in the bond market of the United States. This, according to SWF, “Is the 20% stabilization fund set aside from the $1 billion wealth fund, to be used for foreign financial market investment.” Nigeria’s SWF is $1 billion and was derived from oil income, […]
Market Update: US unemployment Data Key To Forex Market
A degree of stability has hit the market in the wake of the volatility of last week, but this may be short lived with important US unemployment data due out later in the week. There are rumours in the market that, should there be stronger than forecast unemployment data, the Federal Reserve may decide to […]
Predilection for Smart Watches in the offing –- globally, in 2013
In an era of smart technologies and competitive innovation to have powerful devices in smaller sizes, technology analysts and industry watchers have predicted predilection for smart watches starting off this year – globally. It is rumored that Apple is making iWatch, another device in its series of “i” technologies, which will give popularity to smart […]