The Chairman, Caverton Offshore Support Group Plc, Mr. Aderemi Makanjuola, has said the company will commence the construction of an aircraft maintenance, repair and overhaul centre as well as an aviation training centre at Murtala Muhammed International Airport, Lagos This came less than a month after the company listed its […]
Author: InvestAdvocate
Standard Chartered invests $10.7bn in Africa
Standard Chartered Bank Plc says it has invested $10 in the sub-Saharan Africa, which is about to 1.2 per cent of region’s Gross Domestic Product. The bank, which stated this in its 2014 African report, also said its support for sub-Saharan trade was worth $7.2bn. It noted a new “confident […]
Credit guideline violation: CBN fines Access Bank N353m
The Central Bank of Nigeria has fined Access Bank Plc the sum of N353.39m for violating the regulator’s guidelines on the Commercial Agriculture Credit Scheme. The fine, imposed on the bank last month, was contained in the CBN’s Development Finance Department report for the month of May. The 19-page report, […]