Author: InvestAdvocate

Recapitalisation: Nigeria’s Union Bank inaugurates new Board, appoints 3 Directors

Press Release By InvestAdvocate Lagos (INVESTADVOCATE)-In line with its recapitalisation plan, all the Non-Executive Directors of Union Bank of Nigeria PLC retired from the Board with effect from 31st December, 2011. This followed the injection of $500 million capital and the completion of all the processes required by the regulatory […]

Nigerian Breweries up profit by 25.4% in 2011 end

By InvestAdvocate Lagos (INVESTADVOCATE) – Brewery Giants, Nigerian Breweries Plc Tuesday announced an increased Profit by 25.4 percent (25.4%) in the Audited Year End December 31 2011. This is contained in the Result Announcement to the Nigerian Stock Exchange (NSE) and made available to www.investadvocateng.com in Lagos Nigeria. To report […]

Durosinmi-Etti resigns from Lasaco Assurance Board

By InvestAdvocate Lagos (INVESTADVOCATE)-Lasaco Assurance Plc Tuesday announced the resignation of Babatunde Durosinmi-Etti from the Board of the Company. This is contained in a Notice from the Company to the Nigerian Stock Exchange (NSE) and made available to www.investadvocateng.com in Lagos Nigeria. “The Company has notified The Exchange that Mr. […]