The Asset Management Corporation of Nigeria announced on Thursday that Heritage Banking Company Investment Services Limited had completed payment for the acquisition of Enterprise Bank. The HISL is a special purpose vehicle sponsored by Heritage Bank to bid for Enterprise Bank. AMCON had last month announced HISL as the preferred […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s lender, Skye Bank Plc on Thursday said Michael Tarfa has retired from the bank as non-executive director with effect from October 02, 2014. The lender said Tarfa retired from its board following his completion of the maximum 12 years in line with the code […]

The Federal Government plans to raise N96.26bn ($587m) with Treasury bills with maturities ranging between three months and one year on October 23, the Central Bank of Nigeria said on Wednesday. The apex bank said it would issue N34.88bn in the 91-day paper, N30bn in the 182-day note and N31.38bn […]