Author: InvestAdvocate

Core investors: Union Global increase stake in Union Bank

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) Wednesday announced that Union Global Partners Limited, its Core Investors has increased their stake in the Bank. On the Floor of the Nigerian Stock Exchange (NSE) a Cross Deal from the Asset Management Corporation of Nigeria (AMCON) where a […]

NSE: Shareholders ask S’Court to void Dangote’s presidency

Shareholders of the African Petroleum Plc have headed for the Supreme Court seeking the reversal of judgment of the Court of Appeal, Lagos, which pronounced Alhaji Aliko Dangote as the duly elected President of the Nigerian Stock Exchange. They have also filed an application before the Court of Appeal in […]

SGBN returns as HeritageBank

Tuesday, 19 June 2012 / John Omachonu & Onyinye Nwachukwu / BusinessDay Embattled Societe Generale Bank Nigeria (SGBN) Limited is to commence operations under a new name, Heritagebank, following approval by the Central Bank of Nigeria (CBN), which says the bank has met the financial requirements for returning to business. […]