The Central Bank of Nigeria has said most of the microfinance banks in the country are in sound health and that their performance is generally satisfactory. While noting that the microfinance sub-sector was being effectively regulated, the CBN pointed out that it was also being supervised by the Nigeria Deposit […]
Capital Market
Oando Shareholders Approves 250 billion Naira Fresh Capital Raising
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Shareholders of Oil marketer Oando Plc Tuesday approved a 250 billion naira fresh capital raising by the company following an extraordinary general meeting (EGM). The 250 billion naira fresh capital will be raised through a combination of rights issue, global depository receipts and bonds […]
Honeywell Appoints New Managing Director, EDs
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Conglomerate Honeywell Flour Mills Plc Tuesday said it has appointed a new managing director to oversee the affairs of the company. The company in a notice to the Nigerian stock exchange and made available to InvdestAdvocate said Folaranmi Babatunde Odunayo, its chief executive officer (CEO), […]
