Nigeria’s Union Bank said on Thursday its half-year pretax profit fell to 9.8 billion naira ($61.1 mln), down 4.2 percent from 10.2 billion naira last year. Shares in Union Bank, which had gained 63 percent since the start of the year, were trading flat at 12 naira at 1130 GMT. […]
Capital Market
INVESTMENT ONE Offers Nigeria’s Beauty Queen N0.5 million Portfolio Management
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- INVESTMENT ONE Financial Services Limited (formerly GTB Asset Management Limited), has offered Anna Ebiere Banner from Bayelsa State and Nigeria’s most beautiful girl 2013 a Portfolio Management prize of N500,000. The company in a Statement on Friday and made available to InvestAdvocate said the […]
IMF Endorse Stress Tests on Euro Zone Banks
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Executive Board of the International Monetary Fund (IMF) has endorsed stress tests for Euro Zone Banks to assess the potential capital needs of the banking sector, complemented with a clear strategy for addressing capital shortfalls. This is coming on the heels of the IMF’s […]
