By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Flour Mills Plc operating in the Food/Beverages & Tobacco sector of the Nigerian Stock Exchange (NSE) has proposed to go into electric power generation by floating a new firm Flour Mills Power. Emmanuel Ukpabi, Group Managing Director (GMD) of the Company made this affirmation recently […]
Author: InvestAdvocate
15 firms still on full suspension -NSE
By Udeme Ekwere The shares of Afroil Plc, Union Dicon Salt Plc and 13 other companies are still on full suspension by the Nigerian Stock Exchange. The firms were suspended in July by the NSE for their failure to submit their results for the September and December 2010 financial year […]
NDIC to pay remaining depositors of liquidated MFBs
By Ademola Alawiye The Nigeria Deposit Insurance Corporation has asked depositors of closed microfinance banks yet to collect their insured deposits to visit selected agent banks for their money. A statement by the NDIC said it had completed arrangements to transfer the payment of the insured depositors to seven agents […]
