By InvestAdvocate Lagos (INVESTADVOCATE) – There are indications that Savannah Bank of Nigeria Plc has commenced the refurbishment of its Branch network in preparation to commence operations in December 2011. A Source name (withheld) close to the Bank disclosed this to InvestAdvocate. The Source affirmed that out of the […]
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Naira may be devalued in 2012 – RenCap
By Ademola Alawiye with Agency Reports Renaissance Capital on Thursday said that the Nigerian currency had a 40 per cent probability of being devalued to N155 per dollar in 2012 due to fall in oil prices and increase in investments in roads and rails by government. Bloomberg quoted a report […]
Dangote Sugar record -64.9% loss in Q1 of 2011
By InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Sugar Plc, has recorded a Loss of -64.9 percent (-64.9%) in its Unaudited First Quarter (Q1) Result ending March 2011. This was contained in the Result Announcement for the review period of the Sugar Refinery made available to the Nigerian Stock Exchange (NSE) Thursday in Lagos […]
