Capital Market

CBN Approves Four New Directors for Wema Bank

By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigerian (CBN) on Thursday approved the appointment of four (4) new directors of Wema Bank Plc, the lender said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). The names of the directors include Wole Akinleye and Folake Sanu as executive directors; […]

Nigerian Stocks Plunge on Elections Postponement, Index Dip 1.3% to End Week

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock on Friday plunged on elections postponement as All Share Index (ASI) dropped for a seventh day to 1.3 percent to close at 27,585.26, the lowest since December 2012. Similarly, the Nigerian Stock Exchange (NSE) market capitalisation dipped by eight (8) percent to […]

Nigerian Breweries Names Samuel Olaniyi Bolarinde Director

By InvestAdvocate Lagos (INVESTADVOCATE)-Brewer, Nigerian Breweries Plc on Friday named Samuel Olaniyi Bolarinde to its boarde ffective February 11, 2015, the beer maker said in an issuer’s announcement with the Nigerian Stock Exchange. According to the company,  Bolarinde received his first degree in Industrial Chemistry from John Dalton College, Manchester, […]