Investors Bite

Diamond Bank Announces Retirement of Olubola Adekunle Hassan as Director

By InvestAdvocate Lagos (INVESTADVOCATE)-Diamond Bank Plc said on Thursday Olubola Adekunle Hassan has retired from the Bank as a director effective December 21, 2016. “We request you kindly update your records accordingly,” a letter dated January 24, and signed by Nkechi Nwosu, company secretary and legal adviser said.

Guinness Nigeria Reports Pre-tax and Post-tax Losses of N2.4bn in Q2’17 Results

Culled—-Proshare January 26, 2017/FBNQuest Research Event: Guinness Nigeria reports Q2 2017 (end-Dec) results Implications: Marked downward revisions to consensus 2017 PBT forecast expected; market likely to react negatively Positives:  Sales grew 30% y/y; 23% ahead of our estimates Negatives: Guinness reported pre-tax and post-tax losses of –N2.4bn This morning, the […]

SEC Committed to development of Exchanges

January 25, 2017/SEC The Director –General of the Securities and Exchange Commission (SEC), Mounir Gwarzo has restated the commission’s resolve to promote the development of Commodity Exchanges in the country.  Speaking when he received the New Exco of the Association of Stockbroking Houses of Nigeria(ASHON)  on  a courtesy call at […]