Author: InvestAdvocate

Recapitalisation: Afribank in talks with core investors

By Gbenga Agbana with agency reports Friday, 10 Dec 2010 Afribank Nigeria Plc, one of nine lenders rescued in a $4bn bail-out last year, said on Thursday that it was in talks with potential investors about recapitalisation, but gave no further details. Reuters quoted the bank as saying, ”The bank has […]

NSE declares zero tolerance for non-compliance

By Gbenga Agbana and Ademola Alawiye Friday, 10 Dec 2010 The Interim Administrator of the Nigerian Stock Exchange, Mr. Emmanuel Ikazoboh, has reiterated the commitment of the current management of the Exchange to ensuring compliance with the NSE’s post-listing requirements. Speaking at the triennial conference of the Independent Shareholders Association of […]

Ojo Now NAHCo CEO, as Bates Sule Steps Down

December 8, 2010   The Board of Nigerian Aviation Handling Company Plc (NAHCO) at its meeting on Friday, November 26, 2010 has appointed Mr. Kayode Ojo, the new Ag. Managing Director/CEO. He succeeds Bates Sarki Sule, founding Managing Director/CEO who has indicated his intention to step down effectively on December […]