March 28, 2017/NSE The Board of Directors, Wema Bank Plc. has appointed Mr Babatunde Kasali as a Non-Executive Director of the Bank following the approval of the Central Bank of Nigeria. The appointment took effect from 7th of March 2017. Mr. Kasali is a consummate professional with expertise in Audit, […]
Investors Bite
Recent Developments on the Petition for Winding Up of RT Briscoe Nigeria Plc by Diamond Bank Plc
Culled—Proshare March 28, 2017/NSE The Board and Management of R.T.Briscoe (Nigeria) PLC hereby inform the Nigerian Stock Exchange and the general public that discussions are ongoing with the 7 banks to which our company is indebted, for a restructuring of our credit facilities. One of the banks recently advertised in […]
FCMB Group Reports Q4 2016 Results – OCI Grew by 132% YoY to N2.6bn
Culled—Proshare March 28, 2017/FBNQuest Research Event: FCMB Group reports Q4 2016 results Implications: Neutral reaction expected from the market Positives: Positive surprise on provisions; other comprehensive income grew by 132% y/y to N2.6bn Negatives: Profit before provisions fell -10% y/y and surprised negatively This afternoon, The NSE published FCMB Holdings’ […]
