Thu Aug 20, 2015/Reuters Nigeria raised 62.43 billion naira ($314 million) in Treasury bills with maturities of 3-month and 6-month at mixed returns amid poor demand for the note by investors asking for higher yields, the central bank said on Thursday. Total bids for the notes stood at 63.55 billion […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s lender, Sterling Bank Plc said on Thursday its first-half (H1) 2015 pretax profit for the period ended June 30, 2015 inched up 1.4 percent to N6.05 billion from N5.97 billion reported a year earlier. Similarly, profit after tax (PAT) grew by 6.9 percent to […]

By InvestAdvocate Lagos (INVESTADVOCATE)- The Securities and Exchange Commission (SEC) said on Wednesday it has granted an extension on the notification of intention by Capital Market Operators (CMOs) considering reclassification of function, reduction of functions or merger/acquisition in view of the recapitalisation exercise, till August 31, 2015 as regards the […]