First City Monument Bank Plc will complete its legal and operational merger with Finbank Plc at its court ordered meeting on September 21, 2012, Shell Hall, MUSON Centre, Lagos. Early in August, the bank had notified the investing public that they had received the long-awaited approval in principle for the […]
Author: InvestAdvocate
NBS projects 11.91% Inflation Rate by 2015
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The National Bureau of Statistics (NBS) has projected an Inflation Rate of 11.91 percent (11.91%) in year 2015 in its review of the Nigerian Economy in 2011 and Outlook for 2012-2015. The NBS in the Report affirmed that although trending downwards since January 2009, the […]
UBA, Zenith top list on disbursement of Agric Credit
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-United Bank for Africa Plc (UBA) and Zenith Bank Plc are amongst the highest disbursing Banks on Commercial Agriculture Credit Scheme (CACS) in July 2012. According to the Economic Report for July 2012 by the Central Bank of Nigeria, data made available to www.investadvocateng.com shows […]
