Capital Market

ECB Says 25 Banks Fail Stress Tests

Number of Failures Slightly Larger Than Analysts Expected Oct. 26, 2014/Wall Street Journal Twenty-five eurozone banks flunked financial-health exams designed to measure their ability to withstand another economic crisis, falling short of minimum levels of capital by a total of €24.62 billion ($31.17 billion), the European Central Bank said Sunday. […]

Honeywell Appoints Alan Palmer Non-Executive Director

By InvestAdvocate Lagos (INVESTADVOCATE)-Fast Moving Consumer Goods (FMCG), Honeywell Flour Mills Plc said it has appointed Alan Palmer as a non-executive director of the company, Honeywell said in a notice to the Nigerian Stock Exchange. Honeywell said Palmer has close to 40 years’ experience in the FMCG space; and brings […]

Nahco Aviance Names Norbert Bielderman Acting CEO

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Aviation Handling Company Plc (NAHCO) has named Norbert Bielderman as acting chief executive officer (CEO), it said in a notice to the Nigerian Stock Exchange (NSE). The aviation handling firm said Bielderman’s appointment as actng CEO of the company became effective October 23, 2014. NAHCO […]