Oct 18, 2010; Babajide Komolafe  The joint examination of the Central Bank of Nigeria (CBN) and the Nigeria Insurance Corporation (NDIC) on microfinance banks recommended the revocation of the licenses of just 47 banks.  On September 24, the CBN revoked the licenses of 224 microfinance banks but two weeks […]
Author: InvestAdvocate
Niger Insurance, WAPIC declare losses in 2009 Audited Results
By Yakubu LAAH investadvocate Oct 18 2010 16.07 GMT Two Insurance Companies, Niger Insurance Plc (NIGERINS) and Intercontinental WAPIC Insurance Plc (WAPIC) had both declared losses in their Audited Year Ended December 2009.  First NIGERINS posted a Profit After Tax (PAT) negative of N124.754 million in year 2008 compared […]
Studio Press reports 278.4% million Profit for year 2007
By Yakubu LAAH investadvocate Oct 18 2010 15.20 GMT Lagos(INVESTADVOCATE)-Studio Press Plc operating in the Packaging sector of the Nigerian Stock Exchange (NSE) today Monday October 18 2010 announced 278.4 percent (278.4%) in Profit for the year 2007 Results made available at the Stock Exchange in Lagos Nigeria.  To […]
