Author: InvestAdvocate

Shareholders endorse Skye Bank’s plan to raise N50bn

Shareholders of Skye Bank Plc have endorsed the plan by the bank to raise additional capital of up to N50bn. A statement by the bank explained that the shareholders gave the approval on Wednesday during the bank’s seventh Annual General Meeting in Lagos. They also approved the bank’s plan to […]

Lasaco Assurance Appoints New Chief Compliance Officer

By InvestAdvocate Lagos (INVESTADVOCATE)-The Company has notified the Exchange of the appointment of a new Chief Compliance Officer, Mr. Luqman Abiodun Dosunmu, DGM, and Business Services & Risk Management. Mr. Dosunmu, Luqman is 1990 graduate of Insurance from University of Lagos also holds a Master’s Degree in Marketing from the […]

South Africa Inflation Unchanged at 5.9% as Rand Weakens

  South Africa’s inflation rate rose more than estimated in April as a decline in the value of the rand added to the cost of imports, reducing the chances of a cut in interest rates. Inflation was unchanged 5.9 percent from the previous month, Statistics South Africa said on its […]