Author: InvestAdvocate

Skye Shelter Declares N10 Final, Interim Dividend

  08.15.2010   The management of the Skye Shelter Fund’s Real Estate Investment Trust (REIT) has said that it would reward its Unit Holders with a total dividend of N10 in 2010.According to a statement by the bank, the real estate investment company said it will pay N7 dividend for […]

CBN Reform Has Stabilised Forex Market, Say Operators

  By Obinna Chima   The banking sector reforms embarked upon by the Central Bank of Nigeria (CBN) has brought about stability in the foreign exchange market, some participants in the currency market have said.The operators, who reviewed the effect of the apex bank sanitisation, one year after, spoke in […]

Agusto & Co. Assigns Banking Industry ‘Bb’ Rating

  By Eromosele Abiodun,     Nigeria’s foremost credit rating and research agency, Agusto & Co, has assigned a ’Bb’ rating to the banking sector. Speaking at the unveiling of the 2010 banking industry report in Lagos last week, Agusto’s Head of Financial Institutions Ratings, Mrs. Yinka Adelekan, stated that […]