By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Wednesday said it has increased the minimum capital requirement for finance houses in Nigeria to N100 million from N20 million. This is contained the revised guidelines for finance companies in Nigeria April 2014 by the CBN and posted on […]
Author: InvestAdvocate
Kenya’s Sustainable Growth Will Aid its Vision 2030 Target-IMF
Peter OBIORA InvestAdvocateLagos (INVESTADVOCATE) – The International Monetary Fund (IMF) on Wednesday said Kenya’s strong reform record and economic performance in recent years has laid the ground for sustainable growth that would aid the country’s vision 2030 development targets. This is coming on the heels of the 2014 Article IV […]
Niger Insurance 2013 Post Tax Profit Down 19.2 Percent
By InvestAdvocateLagos (INVESTADVOCATE)-Niger Insurance Plc on Monday posted a 19.2 percent drop in its post tax profit for its 2013 audited year end. Post tax profit of the insurance company declined 19.2 percent to N627.425 million from N776.293 million reported in its 2012 end. However, pre tax profit went up […]