Press Release March 29, 2012 As part of the internal reforms to reposition the CBN to meet the challenges of the on-going banking reforms, the Board of the Bank has approved the creation of two new departments. By this approval, the Bank now has 27 departments spread under 5 directorates headed […]
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Stanbic IBTC declare 21.3% Loss, pay N0.10 Kobo dividend in 2011
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Stanbic IBTC Bank Plc Thursday declared a Loss of 21.3 percent (21.3%) in the Audited Report for the Period Ended December 31 2011 and has proposed to reward investors of the Company with a N0.10 Kobo dividend. From the Result Announcement made available to the […]
Nigeria to raise 917 billion naira from T-bills in Q2
Nigeria’s central bank said it plans to raise 917.76 billion naira ($5.82 billion) from treasury bills in the second quarter of the year, the bank said on Thursday. The regulator said it would auction 182.12 billion naira worth in 91-, 182- and 364-day paper in March, 324.25 billion naira worth […]
