Author: InvestAdvocate

Wema Bank, prospective investors to seal partnership before Sept 30

  MONDAY, 05 JULY 2010 BY MOSES EBOSELE   Discussions between Wema Bank Plc and prospective investors are to be concluded before September 30, 2010.The Central Bank of Nigeria (CBN) had last week extended the June 30 recapitalisation deadline it gave Unity Bank and Wema Bank to September 30, 2010.    […]

Sanusi’s Award Rekindles Mkt Confidence

  By Emele Onu, 07.04.2010    The announcement of the award of National Honour on the Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, raised interest at the money market last week.  Dealing banks, traders as well as investors in the market, local and international, were concerned about […]

AFC Posts $29m Profit

  By Crusoe Osagie, 07.04.2010    The has announced an operating profit of $28.7 million for the year 2009 amid the economic upheaval that shook the globe during the period. According to the results for the 12 months ended 31 December 2009, AFC recorded a 650 per cent increase in net […]