Author: InvestAdvocate

NDIC to bail out microfinance, mortgage banks

The Nigeria Deposit Insurance Corporation has expressed its readiness to grant financial assistance to deserving Primary Mortgage Institutions and microfinance banks as part of its efforts at repositioning them for better performance in the financial services system. A statement by the corporation on Wednesday quoted the Managing Director, NDIC, Mr. […]

NAHCO’s revenue base hits N7.4bn

The revenue base of the Nigerian Aviation Handing Company now stands at N7.4bn. The new figure emerged at the end of the business year ended December 2012 This amount, which was released to the Nigerian Stock Exchange on Wednesday, showed an increase of 4.2 per cent over the N7.1bn recorded […]

Access Bank increase dividend by 70% in 2012 End

By Our Correspondent Lagos (INVESTADVOCATE)-Access Bank Plc Wednesday increased its dividend payout by 70 percent (70%) as it proposed to its investors a 60 Kobo dividend for the Audited Year End December 31 2012; coupled with the 25 Kobo interim dividend. From the Result Announcement of the Bank to the […]