By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Shareholders of Union Bank of Nigeria Plc (UBN) on Tuesday endorsed plans by the bank to raise $750 million medium- term fund. The approval came at the lenders 45th annual general meeting (AGM) held in Lagos Nigeria. As part of special resolutions at the AGM, […]

The efforts of regulators and registrars have led to a reduction in unclaimed dividends to 5.05 per cent of total dividends declared in the last 10 years, the Institute of Capital Market Registrars, has said. According to the institute, this is a major improvement over the situation in the past […]

Economists and financial analysts have said the recent cancellation of deposit charges by the new Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, will not undermine the cash-less policy championed by his predecessor, Mr. Lamido Sanusi. Emefiele had during the unveiling of his 10-point agenda for the CBN […]