By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Pan African bank, United Bank for Africa Plc (UBA), Monday announced the appointment of senior executives to the bank as it launches its project Alpha– the Group’s next stage focus of strategic transformation. This is contained in a Statement by Charles Aigbe, divisional head, marketing […]
Author: InvestAdvocate
Barclays to launch €6.8bn rights issue
Barclays is set to launch its £5.8bn (€6.83bn) rights issue in two weeks, possibly on the fifth anniversary of its takeover of the US operations of Lehman Brothers. The one-in-four offer, priced at 185p a share, is expected in the third week of September, according to sources. Barclays did the […]
Nigeria’s AMCON seeks bids for Enterprise Bank sale
The Asset Management Company of Nigeria (AMCON) said on Monday it was seeking prospective investors to buy 100 percent of its shareholding in Enterprise Bank, the first of Nigeria’s three nationalised lenders to be put up for sale. “Bad bank” AMCON, which holds non-performing assets of troubled banks, in July […]
