Jun 18, 2010 By Innocent Anaba Afribank Nigeria Plc and its shareholders have asked a Federal High Court sitting in Lagos, to hear the preliminary objections raised by Central Bank of Nigeria, CBN, and others alongside their substantive suit, challenging the dissolution of the bank’s board without giving them […]
Author: InvestAdvocate
Union Registrars Issues Bonus, Pays Dividend
 06.18.2010 Union Registrars Company Limited, a subsidiary of Union Bank of Nigeria PLC, has earmarked the sum of N720 million as dividend payment to its shareholders and a bonus issue of one new share for every 10 ordinary shares held at the close of register of members.  […]
Sterling Bank’s Shareholders Okay N100bn Fresh Capital
By Emele Onu, 06.18.2010 Sterling Bank, yesterday, got the nod of its shareholders to raise a fresh capital of up to N100 billion. The Board of the bank got the approval at their 48th Annual General Meeting (AGM) in Calabar, Cross River State. The Board had proposed: “that additional […]

