Author: InvestAdvocate

Finance houses decry lack of robust regulation system

By Udeme Ekwere Thursday, 4 Nov 2010 THE Finance Houses Association of Nigeria has decried the lack of a robust regulatory system in the country‘s financial sector. The President of the association, Mr. Eddie Osarenkhoe, said this in a statement made available to our correspondent on Wednesday. Osarenkhoe, who was quoted […]

Oceanic Bank promotes 318 workers

By Agency Reporter Thursday, 4 Nov 2010 Oceanic Bank International Plc has promoted a total of 318 employees in recognition of their outstanding performances. Also, 136 workers of the bank got increment in their compensation package to further motivate them. A statement from the bank said the promotions and salary increments […]

Afribank posts N8.12bn Q3 profit

By Gbenga Agbana Thursday, 4 Nov 2010 From an operational loss of N231.60bn in the third quarter ended September 30 2010, Afribank Nigeria Plc has declared a profit before tax of N8.13bn for the third quarter ended September 30, 2010. A statement from the bank on Wednesday, said it had been […]