The arrangement for the special placement of 48 million ordinary shares of 50 kobo each at N1 per share by Premier Paints Plc to Clover Global Resources Limited has been completed. The offer document, made available at the company’s Completion Board Meeting on Monday, showed that the company had received […]
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Bank lending rose to N11.23tn in November  CBN
Aggregate banking system credit (net) to the domestic economy in November 2011 rose by 3.5 per cent to N11.23tn, compared with 8.7 per cent in the preceding month. According to the Central Bank of Nigeria’s economic report for the month of November, banking system’s credit (net) to the Federal Government, […]
Recapitalisation: Nigeria’s Union Bank inaugurates new Board, appoints 3 Directors
Press Release By InvestAdvocate Lagos (INVESTADVOCATE)-In line with its recapitalisation plan, all the Non-Executive Directors of Union Bank of Nigeria PLC retired from the Board with effect from 31st December, 2011. This followed the injection of $500 million capital and the completion of all the processes required by the regulatory […]

