Experts at Prudential Trust Company Limited, has predicted that the top three banks, namely Guaranty Trust Bank Plc, First Bank Plc and Zenith Bank Plc, will declare a combined profit of N300 billion for the 2012 financial year and N550 billion by the entire banking industry. In their country report […]
Author: InvestAdvocate
Big Relief for 54 Stockbroking Houses
The acceptance of the forbearance package by 54 stockbroking houses is good development that will impact the capital market positively, Goddy Egene writes The forbearance package announced by the Federal Government for stockbrokers last December in the nation’s capital market was long expected as the major panacea needed to resuscitate […]
CBN Extends KYC Update Deadline
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria Tuesday said it has extended the deadline on the update for Know Your Customer (KYC) in respect of Designated Non-Financial Businesses and Professions (DNFBPs). This is contained in a Circular with Reference Number FPR/DIR/GEN/CIR/03/001 dated February 25 2013 by Nwaoha […]
