The Central Bank of Nigeria (CBN) has approved the liquidation of 83 micro-finance banks, Alhaji Umaru Ibrahim, the Managing Director, Nigeria Deposit Insurance Corporation (NDIC), said on Tuesday in Abuja.  Ibrahim, who made the disclosure when he appeared before the Senate Committee on Banking and Currency to defend NDIC’s  2014 […]

To All Capital Market Operators,   Recall that there was a circular informing all Capital Market Operators of the change in the system of filing quarterly statutory returns with the Commission. The new quarterly returns template is now available for download. An instruction manual has also been made available as […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The board of directors of Okomu Oil Plc has said it will meet on Wednesday, March 12, 2014to consider amongst other things, an increase in share capital,the draft audited accounts for the year ended December 31, 2013 and to recommend the payment of dividend in […]