Author: InvestAdvocate

Oceanic’s recovery plan yields results, posts N1.1bn Q1 PAT

  Jun 23, 2010 By Michael Eboh & Providence Obuh                                                      The recovery plan put in place by the management of Oceanic Bank International Plc has started yielding positive fruits, as the bank bounced bank to profitability, announcing a profit after tax of N1.12 billion in its first quarter financial […]

Shareholders to recover lost investment as Senate passes harmonised AMC

  THURSDAY, 24 JUNE 2010 01:22   Shareholders hitherto relegated to the back ground in preference for saving depositors’ fund will soon recover their lost investment as the Senate yesterday finally passed the harmonised Asset Management Corporation (AMCON) Bill.   A statement signed by Mohammed Abdullahi, head, corporate communications of […]

Baton of NIA chairmanship changes hand

  THURSDAY, 24 JUNE 2010 BY   The Nigerian Insurers Association (NIA) will on June 30, hold its yearly general meeting to elect a new helmsman and other officers to run the affairs of the insurance trade group for the next two years.   The baton of the Nigerian Insurers […]