JPMorgan Chase & Co may release on Wednesday additional results of internal probes into its $6.2 billion “London Whale” trading loss that could lead to a lower bonus for CEO Jamie Dimon, according to published reports. On Wednesday the bank, the biggest in the United States by assets, is scheduled […]
Author: InvestAdvocate
CBN Inaugurates Council of Experts on Islamic Banking
In line with the guidelines for the regulation and supervision of institutions offering non-interest financial services based on compliance to the principles of Islamic commercial jurisprudence, the Central Bank of Nigeria (CBN) at the weekend announced the inauguration of the Financial Regulation Advisory Council of Experts (FRACE). A statement from […]
Shareholders approve Consolidated Breweries’ BBL, DIL/Maltex acquisition
The shareholders of Consolidated Breweries Plc have given approval to the company’s merger schemes with Benue Brewery Limited and DIL/Maltex Nigeria Plc. A statement by the company on Friday noted that the approval was given at a court-ordered meeting of Consolidated Breweries in Lagos. The company explained in the statement […]
