Author: InvestAdvocate

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 […]

Financial reform lacks ‘cover‘for risk managers

  Thursday, 17 Jun 2010   Efforts to reform United States banking after the worst financial crisis since the Great Depression fall short because they don‘t empower risk managers, according to Cliff Rossi, who held that job at three of the country‘s largest mortgage lenders that helped fuel the housing […]

UAC Issues Bonus, Dividend

  06.17.2010    UAC of Nigeria Plc has rewarded its shareholders with bonuses and dividends at the Company’s Annual General Meeting (AGM) in Lagos yesterday. The Chairman of UAC, Senator Udoma Udo Udoma, told elated shareholders that the Company’s Board has recommended the sum of Nl.6 billion to be paid […]