By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guaranty Trust Bank Plc (“GTBank”) Tusday announced it has acquired a 70 percent (70%) stake in Fina Bank Limited, (“Fina Bank”) . Fina Bank in a notice to the Nigerian Stock Exchange (NSE) said it has reached an in-principle agreement for the acquisition by […]
Author: InvestAdvocate
ETI Opens Shop in Southern Sudan
By InvestAdvocate Lagos (INVESTADVOCATE)-Pan African Bank, Ecobank Transnational Incorporated (“Ecobank†or “The Groupâ€ÂÂ), announces the opening of its South Sudan banking affiliate. The Bank said this in a notice to the Nigerina Stock Exchange (NSE), “this new banking affiliate, the 34th on the African continent, offers the opportunity to support […]
Nigeria’s CBN Retains Rate at 12%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria’s Central Bank Tuesday retained the Monetary Policy Rate (MPR) at 12 percent (12%), this is coming on the heels of the CBN Communiqué No. 90 of the Monetary Policy Committee (MPC) meeting. As part of the decisions, the MPC by a vote of […]
