The chief executive officer of Oceanic Bank, John Aboh today says the shareholders approval of the merger deal with Ecobank Transnational Incorporated or ETI will benefit them in the areas of improved cash and bonus dividend as ETI operates as a pan-African commercial lender. The shareholders of the rescued lender […]

By Peter OBIORA InvestAdvocate Lagos (InvestAdvocate)-Shareholders of Intercontinental Bank Plc (IB Plc) Monday endorsed the recapitalisation and merger deal with Access Bank Plc. This is coming on the heels of a Court Ordered Meeting in Lagos Nigeria. From the Special Resolution, following the Scheme of Arrangement dated August 25 2011, […]

By AARON FEIS A near-riot broke out yesterday when the week-long Wall Street protests took a violent turn in a clash between hundreds of marchers and cops on the streets surrounding Union Square. The chaos erupted during an afternoon march of about 500 demonstrators as part of the “Occupy Wall […]