Author: InvestAdvocate

RE: Intercontinental Bank replies Akingbola

Introduction We have so far refused to respond to all the frivolous allegations in the press against the Bank. This is based on our belief that unnecessary press war is not in the interest of the Bank. But the recent heavily advertised campaign of calumny against the Bank calls for […]

Skye Bank notifies NSE on change of baton

 By Yakubu LAAH investadvocate Oct 12 2010 18.12 GMT   Lagos (investadvocate)-Skye Bank Plc has notified the Nigerian Stock Exchange (NSE) in Lagos Nigeria that its Musiliu Smith, Chairman of the Bank has resigned effective September 30, 2010. This was contained in a notice to the NSE by the Bank […]

Banks’ credit to private sector rises to N10.1 trillion

WEDNESDAY, 13 OCTOBER 2010 BLESSING ANARO & IHEANYI NWACHUKWU   Credit to the private sector by the deposit money banks hit N10.1 trillion by June this year, the Central Bank of Nigeria (CBN) said in its current quarterly report. The apex bank said in its second quarterly report: “Compared with […]