TUESDAY, 20 JULY 2010  UBA Plc, in the aftermath of the recent banking reforms, has released the bank’s half-year trade financials at the Nigerian Stock Exchange over the weekend.According to a statement from the bank, UBA recorded a strong growth of 370 per cent in profit before […]
Author: InvestAdvocate
CBN to close down unhealthy MFBs in Q3
By Segun Olatunji, Kaduna  Wednesday, 21 Jul 2010    The Central Bank of Nigeria is set to announce major policy reforms that will drastically reduce the number of microfinance banks operating in the country.Criticisms have continued to trail the operation of the MFBs, many of which are accused […]
Recapitalisation: Shareholders Task Oceanic
By Goddy Egene, 07.21.2010  Shareholders of Oceanic Bank International Plc yesterday tasked the Board and management to ensure that an effective recapitalisation plan that will involve all stakeholders is adopted for the bank. The shareholders’ view, which was made known at an investors’ forum in Lagos on a […]

