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Pinnacle Point: South African Firm seeks share suspension from Nigeria’s Exchange

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-South African Firm, Pinnacle Point Group listed on the Floor of the Nigerian Stock Exchange (NSE), Thursday sought to have its shares placed on suspension from the Floors of the NSE in Lagos Nigeria. The Company notified the Nigeria’s Exchange that its Directors have applied […]

Germany keeps alive hopes for euro’s future

By MELISSA EDDY BERLIN (AP) — Germany kept alive hopes that the 17-nation euro currency can survive the sprawling debt crisis when lawmakers in Europe’s largest economy voted overwhelmingly on Thursday in favor of expanding the powers of the eurozone’s bailout fund. The vote strengthened Chancellor Angela Merkel’s center-right coalition, […]

FCMB Shareholders approve FinBank Merger & acquisition deal

By InvestAdvocate Lagos (INVESTADVOCATE)-Shareholders of First City Monument Bank Plc (FCMB), Thursday approved the Acquisition and Merger deal with Finbank Plc (FinBank) at an Extra Ordinary General Meeting (EGM) held in Lagos Nigeria. This is coming on the heels of the September 30 2011 deadline by the Central Bank of […]