Author: InvestAdvocate

Cashless Economy: CBN Deploys over 60, 000 PoS Terminals

The Central Bank of Nigeria (CBN) has said that it had deployed 60,003 Point of Sale (PoS) Terminals across the country as at April 29, 2012 as against 5,300,which was available as at June 2011. The apex bank said it was determined to drive electronic payment systems in the country […]

Oteh, our boss, lied – SEC’s top executives

Executive Commissioners and Directors of the Securities and Exchange Commission confirmed on Wednesday that there was rot in the commission. They accused the Director-General, SEC, Ms Arunma Oteh, of taking unilateral decisions and said there was an almost total breakdown of communication among the members of staff. They appeared before […]

Transcorp Set to Pay First-ever Dividend

Shareholders of Transnational Corporation of Nigeria Plc have every cause to smile as the Chief Executive Officer of the company, Mr.  Obinna Ufudo, has assured them   that they would  receive dividend at the end of  current financial year. Transcorp has not paid dividend since its listing on the Nigerian Stock […]