Author: InvestAdvocate

Wema Bank divests from GNI

Wema Bank Plc on Monday said it had divested its majority stake in Great Nigeria Insurance Plc. A statement by the bank quoted the bank’s Head, Brand Management and Research, Mr. Tunde Lawanson, as stating this. Lawanson said that the new Chairman of the bank, Mr. Tokunbo Talabi, had assured […]

Sanusi financing terrorism –FG, SSS

The Federal Government and  the State Security Service have accused the suspended Governor of the Central Bank of Nigeria, Mallam Lamido Sanusi, of financing terrorism. They made the allegation in  counter-affidavits  they deposed to before  a Federal High Court   which is hearing   a suit instituted by Sanusi. The ex-CBN chief    […]

Transcorp holds AGM, presents gross revenue of N25.23b to shareholders

Press Release At its 8th Annual General Meeting (AGM) today, Transnational Corporation of Nigeria Plc (Transcorp), a leading Nigerian conglomerate which recently added power generation to its portfolio of strategic business interests, presented to shareholders its impressive audited accounts for the year ended 31 December 2013, at the Lagos Oriental […]