Press Release The  Union Bank of Nigeria Plc`s recapitalisation process was further boosted last Friday with the Appeal Court`s dismissal of the suit filed  by some aggrieved shareholders to stop it by challenging the authority of the Central Bank of Nigeria to protect the financial system by the actions taken in […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The Asset Management Corporation of Nigeria (AMCON) at the weekend said it was not aware on any kerosene fraud in Capital Oil’s operations.  An online media had reported that “the Federal Government through the AMCON has given Capital Oil owned by Ifeanyi Uba, 60 days to pay back […]

Equity trading activities on the Nigerian Stock Exchange closed the week on a negative note as major market indicators dropped marginally. The market capitalisation of the listed shares fell by 0.4 per cent or N29bn from N6.590tn the previous day to close at N6.560tn on Friday. Also, the NSE’s All-Share […]