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The Fund, managed by FBN Capital Asset Management (operating under the brand name FBNQuest) is a SEC-registered open ended mutual fund that invests in a broad range of money market securities such as treasury bills, commercial papers, fixed deposits and aims to offer a high level of security coupled with a competitive yield.

The NCC had placed a N200,000 ($1,000) fine on each unregistered cell phone line that was not disconnected.
MTN Group of South Africa, the owners of MTN Nigeria has seen its shares tumble by at least 20 per cent in the Johannesburg bourse since the fine was imposed last week, following its failure to disconnect millions of unregistered cell phones lines even though it was given a deadline to do

The NNPC in a release stated that in line with its drive to ensure zero fuel queues ahead of the forthcoming yuletide and beyond, the Corporation is working assiduously with its downstream subsidiary company, the Pipelines and Products Marketing Company, and other downstream players to consolidate the prevailing stability in the supply and distribution of fuel nationwide