Author: InvestAdvocate

Nigeria to export 20,000bpd crude oil to Liberia

  FRIDAY, 23 JULY 2010  BY ROSELINE OKERE    Nigeria may soon commence export of 20,000 barrels per day (bpd) of crude oil to Liberia, sequel to a contract agreement already concluded between Nigerian National Petroleum Corporation (NNPC) and Liberia Petroleum Refinery Company (LPRC).   The contract, which is expected […]

Diamond Bank Plans Acquisition

  By Emele Onu, with agency report, 07.23.2010    Diamond Bank plans to acquire or merge with another local bank between 2011 and 2012 to increase its size and retail banking focus.   According to Reuters news, the bank announced its decision for the inorganic expansion yesterday.Diamond Bank, which has […]

Savannah Bank to Commence Accounts Verification

  From James Emejo in Abuja, 07.23.2010    The management of Savannah Bank of Nigeria (SBN) Plc said yesterday that it would open up centres in the six geopolitical zones in the country to begin  verification of depositors’ accounts before the end of the year.   Spokesman for the bank, […]