Ecobank Transnational Inc. [ETI] notified the exchange that the operations of Oceanic Bank will be merged with that of Ecobank Nigeria Plc. Much in line with our expectation, find below salient point of the scheme of arrangement;   Ecobank Nigeria Plc will be delisted because ETI’s stake in Ecobank Nigeria […]

Nigeria sold 110.85 billion naira ($693.90 million)in short-dated treasury bills at an auction on Thursday, with yields falling sharply compared to the trend at the previous auction, the central bank said. The central bank sold 29.64 billion naira of 91-day treasury bills at 13.90 percent, down from a 15 percent […]

By Ify Onye InvestAdvocate Lagos (INVESTADVOCATE)-Paints & Coatings Manufacturers Plc listed on the Chemical and Paints Sector of the Nigerian Stock Exchange (NSE) Wednesday declared a 74.6 percent (74.6%) decline in Turnover in its Third Quarter (Q3) Report for the period ended September 30 2011. This was contained in the […]