By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The third quarter (Q3) result for the period ended September 30, 2013 of Standard Alliance Insurance Plc; operating in the insurance subsector of the Nigerian stock exchange (NSE) shows that the company recorded N635.720 million compared to a negative -N2.024 billion profit after […]
Author: InvestAdvocate
Skye Bank Fights Cancer through Awareness Drive
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Skye Bank Plc is fighting cancer through its awareness drive as the bank Tuesday joined the rest of the world to commemorate the 2014 world cancer day. Ibiye Ekong, executive director (ED) South South who represented Kehinde Durosinmi-Etti, Group Managing Director/Chief Executive Officer GMD/CEO of […]
Nigerian interbank rate spikes ahead of cbank action
Nigerian interbank lending rate spiked 7.75 percentage points on Wednesday to 18 percent for overnight placement ahead of the central bank’s withdrawal of around 750 billion naira ($5 bln) to enforce a new cash reserves rules on public sector deposits. Nigeria’s central bank two weeks ago raised cash reserve requirements […]
