Author: InvestAdvocate

Diamond Bank Appoints New Director

By InvestAdvocate Lagos (INVESTADVOCATE)-Diamond Bank Plc Tuesday announced the appointment of a new Non-Exectuive Director to its Board by the name of Allan Michael Low. The Bank notified the Migerian Stock Exchange (NSE) that the Central Bank of Nigeria (CBN) has approved the appointment of Allan Christopher Michael Low as […]

NSE LII: Dangote Flour, Japaul, Honeywell Fail Screening

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) announced recently that three (3) stocks, Dangote Flour Mills Plc, Japaul Oil & Maritime Service Plc and Honeywell Flourmills Plc may likely fail the screening exercise it carried out on 15 companies in the NSE Lotus Islamic Index (NSE […]

G20 task force to study Libor reform

The agency that sets rules for global banks will establish a task force to look at reform of Libor after a scandal in which three banks were fined for rigging the global interest rate benchmark. The Financial Stability Board, set up by the G20, will report back next year on […]