By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-Regional lender, Wema Bank Plc on Thursday said its half-year Profit before Tax (PBT) climbed up 266 percent to N1.7 billion from N464.7 million recorded in the same period of 2013. This is contained in the bank’s filing to the Nigerian Stock Exchange (NSE). Similarly, gross […]
Author: InvestAdvocate
Malaysia Jet Shot Down in Ukraine Near Russia, IFX Says
Ukrainian rebels shot down a Malaysian jet carrying 295 people over eastern Ukraine near its border with Russia, a Ukrainian Interior Ministry official said. The Boeing 777 flight between Amsterdam and Kuala Lumpur was hit by a missile and went down near the eastern town of Torez, Ukrainian Interior Minister […]
CBN to Penalize Banks for Proscribing Unionism
By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Wednesday said it will henceforth penalize banks for proscribing unionism. This was contained in a circular dated July 10, 2014 with reference number BSD/DIR/GEN/LAB/07/19 and signed by Tokunbo martins, director of banking supervision and posted on the CBN’s website. […]