Author: InvestAdvocate

NUBAN will worsen problem of unclaimed dividend – ICMR

The Chief Executive of Institute of Capital Market Registrars, Dr. David Ogogo, on Tuesday said that the Nigerian Uniform Bank Account Number would worsen the problem of unclaimed dividend. Ogogo told the News Agency of Nigeria in Lagos that the pronouncement of Central Bank of Nigeria on NUBAN would affect […]

NPF microfinance bank pays N45.7m dividend

Shareholders of the Nigerian Police Force Microfinance Bank have approved the total dividend payout of N45.7m for the financial year ended December 31, 2011 proposed by the Board of Directors of the bank. The dividend, which was approved at the bank’s 18th Annual General Meeting of the bank recently in […]

CBN to issue N841.32bn T-bills in Q3

The Central Bank of Nigeria will issue a total of N841.32bn worth of treasury bills in 91-day bills, 182-day bills and one year bills in the third quarter. According to latest figures from the CBN websites, the bank will issue 91-day bills worth N220.05bn, while a total of N381.27bn will […]