Author: InvestAdvocate

FinBank posts N4bn profit in Q3

By Agency Reporter Wednesday, 27 Oct 2010 FinBank Plc, one of the banks recently rescued by the Central Bank of Nigeria, has released its third quarter results to the Nigerian Stock Exchange. By the result, the bank grew its balance sheet by 11 per cent, up from N157bn in December 2009 […]

Shareholders oppose passage of unclaimed dividend bill

By Gbenga Agbana Wednesday, 27 Oct 2010 Shareholders of publicly owned companies have called for the stoppage of the Unclaimed Dividend Bill about to be passed by the House of Representatives. The bill, according to sources had gone through the second reading, but some shareholders have expressed concerns over those who […]

SSS, others intercept rocket launchers, bombs in Lagos

By Olusola Fabiyi, Abuja Wednesday, 27 Oct 2010   Shock greeted the news on Tuesday evening that a combined team of security agents had impounded 13 containers suspected to be loaded with arms and ammunition at Apapa Wharf in Lagos. The discovery was made barely two weeks after a consignment of […]