11/7/2016 /S & P Global Ratings Culled—–Proshare We understand that Nigeria-based Skye Bank has breached some regulatory ratios, including the minimum capital adequacy and liquidity ratios. This has lead the Central Bank of Nigeria to intervene, suspending the bank’s board of directors and changing its top management on July 4, […]
Investors Bite
NSE Opens Week Bearish, Extends Losses to Fifth Straight-Day, ASI Dips 0.14%
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday opened the week on bearish note as the all-share index (ASI) dipped 0.14 percent to close at 28,813.51 points, while market capitalisation declined by N14.24 billion to N9.90 trillion. “Today’s negative performance extended the Month-to-Date loss to 2.65 percent and […]
Oando Names Two New Non-Executive Directors
By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Oando Plc on Monday said it has appointed Ikeme Osakwe and Ademola Akinrele as non-executive directors of the company. Oando said pursuant to article 88 of the company’s articles of association the board of directors appointed Osakwe and Akinrele as non-EDs of the company […]
