The Central Bank of Nigeria said on Thursday that it would introduce a single N5,000 note and reduce existing N5, N10 and N20 notes to coins by early 2013. CBN Governor, Lamido Sanusi, who made this known at a news conference in Abuja, said the notes and coins were being […]
Author: InvestAdvocate
Afromedia Q3 2012 Profit drop by 50.3%
Lagos (INVESTADVOCATE)-Afromedia Plc Wedneday announced a dip of 50.3 percent (50.3%) in its Profit After Tax (PAT) in its Third Quarter (Q3) Unaudited Result for the period ended June 30 2012. This is contained in the Result Announcement by the Firm to the Nigerian Stock Exchange (NSE) and made available […]
We’ve restored confidence in nationalised banks – AMCON
The Executive Director, Finance and Operations, Asset Management Corporation of Nigeria, Mrs Mofoluke Dosunmu, has said that there is no more segregation in the banking industry. Dosunmu said that confidence had been restored in the bridged banks and were now competing like other banks in the country. A statement by […]
