By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Ashaka Cement Plc on Wednesday announced the resignation of its chairman Umaru Kwairanga and six (6) other directors from the board of the company. The names of the directors whose resignation took effect from March 10, 2015 are John William Stull, vice chairman, […]
Capital Market
Diamond Bank Names Sunil Kaul Director
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Diamond Bank Plc on Wednesday said it has appointed Sunil Kaul a non-executive director of the bank. The lender in an issuer’s announcement to the Nigerian Stock Exchange (NSE) said the decision came after its board of directors meeting held March […]
CBN gives banks three months to submit recapitalisation plan
March 25, 2015/Vanguard By Omoh Gabriel THE Central Bank of Nigeria has directed some systemically important banks considered too big to fail, that are short of capital to submit recapitalisation plans to it by June 13th. The CBN letter suggest that a few undisclosed banks do not meet the minimum […]

