Managing Director/Chief Executive Officer, Nigerian Deposit Insurance Corporation, Alhaji Umaru Ibrahim, said a total of N73.5bn was paid as liquidation dividends to 250,209 depositors of Deposit Money Banks in 2012. He also said despite the daunting challenges in the nation’s financial market, the corporation paid a cumulative insured deposits of […]
Capital Market
Keystone Bank declares N2.8bn profit
Keystone Bank Limited has posted a profit before tax of N2.8bn for the year ended December 31, 2012. In the same breadth, total comprehensive income of the bank rose by 157 per cent, from a loss of N13.79bn to N7.81bn, while customers deposits rose from N282.75bn to N297.54bn during the […]
Opportunities Abound for Nigeria Private Sector to Issue Own Bond-DG DMO
Lagos (INVESTADVOCATE) Peter OBIORA, Online Editor at InvestAdvocate captured a Question and Answer Session with Abraham Nwankwo, Director General (DG) Nigeria’s Debt Management Office (DMO) at the recently organised retreat for financial and investment journalists in Lagos Nigeria. Excerpts: What did you do to be able to sell the $1.0 […]
