By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Tuesday issued a Circular reminding Nigerian Banks on a May 31 2012 deadline to comply with the new policy of a Uniform Bank Account Number. The CBN Circular dated April 17, 2012 with Reference Number BPS/DIR/GEN/CIR/01/005 Reads thus: “Please […]

The Ad-Hoc Committee of the House of Representatives investigating the near-collapse of the Nigerian Capital Market on Tuesday summoned a former Governor of the Central Bank of Nigeria, Prof. Charles Soludo, and the former Director-General of the Nigerian Stock Exchange, Prof. Ndi Okereke-Onyiuke. The eight-member panel, which is headed by […]

By Christopher Nnanta InvestAdvocate Lagos (INVESTADVOCATE)-First Bank of Nigeria Plc (FBN) Tuesday announced an increase in Profit After Tax (PAT) by 53.46 percent (53.46%) in its 2011 Audited Year End. From the Result Announcement released to the Nigerian Stock Exchange (NSE) and made available to www.investadvocateng.com in Lagos Nigeria, the […]