By Peter OBIORA investadvocate Jan 11 2011 07.30 GMT Lagos (INVESTADVOCATE)-Nigeria’s Clearing House, the Central Securities and Clearing System (CSCS) Limited has reported it cleared and settled a total of 646.1 billion units of shares in 13 years; from 1997 to December 31 2010.   Onyewuchi Asinobi, Managing Director/Chief Executive Officer […]

By Patrick ONOJA investadvocate Jan 11 2011 02.30 GMT Lagos (INVESTADVOCATE)-The Seniour Staff of Banks, Insurance and Financial Institute (ASSBIFI) and its Juniour counterpart, the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has suspended plans to picket three Banks and shut its operations over alleged sack of 200 staff.   This was […]

By Patrick ONOJA investadvocate Jan 11 2011 01.39 GMT Lagos (INVESTADVOCATE)-Intercontinental Bank Plc (IB Plc) has said it is likely to conclude it recapitalisation exercise by June 2011 as the Bank has received a N146 billion Bonds from the Asset Management Corporation of Nigeria (AMCON).   This was contained in a […]