Nigeria: 54 Stockbroking Firms Accept N8.9 Billion Forbearance Package

18 February 2013

Fifty-four stockbroking firms have accepted the Federal Government's forbearance package valued at N8.948 billion, THISDAY learnt Sunday.

The government, through the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, had last December announced a forbearance package of N22.6 billion on the margin loans of 84 stockbrokers as part of efforts to resuscitate the capital market.

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