By InvestAdvocate The Chairman of Dangote Cement Plc, Alhaji Aliko Dangote has assured shareholders of the company of higher performance and returns, given the huge investments it is making on its expansion within and outside Nigeria. The leading manufacturing giant recorded a profit after tax of N149.632 billion, up from […]
Author: InvestAdvocate
AMCON Says Over 20 Bidders Set To Buy Enterprise Bank
The managing director, Asset Management Corporation of Nigeria (AMCON), Mr Mustafa Chike-Obi, at the weekend offered insights on the decision of the corporation to start the sale of its three banks – Enterprise Bank, Keystone Bank and Mainstreet Bank, describing the step as the best way forward for a successful […]
Govt borrowing increased by N700bn in four months â€â€ÂSanusi
The Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, has said that government increased its borrowing in securities by N700bn in four months. The governor disclosed on Thursday in Lagos that government also reduced its savings to commercial banks and with the CBN by about N1.4tn during the same period. […]
