Author: InvestAdvocate

Forex firms move to comply with CBN’s regulations

The Association of Bureaux De Change Operators of Nigeria has unveiled its operational manual with a promise that the document will help its members to comply with the regulator’s requirements. The President, ABCON, Mr. Aminu Gwadabe, said at the presentation of the manual in Lagos, that the initiative was an […]

Ecobank CEO May Quit After Request From Executives, DaMina Says

Ecobank Transnational Inc. (ETI) Chief Executive Officer Thierry Tanoh may quit next month after reports that senior executives called for him to step down, DaMina Advisors LLP said. Tanoh may resign at an extraordinary shareholder meeting that Ecobank is holding on March 3 to adopt a plan for recommendations on […]

FBN Life Completes Acquisition of 71.2% Stake of Oasis Insurance

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- FBN Life Assurance Limited has completed the acquisition of 71.2 percent stake in insurance firm Oasis Insurance Plc. This is contained in an announcement Monday from FBN Holdings Plc the parent company of FBN Life Assurance to the Nigerian stock exchange and made available […]