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Recapitalisation: Union Bank secures court approval

–Offers 1.41 bn Ordinary Shares Rights to shareholders By InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) has secured Court approval in its bid to recapitalise the Bank; when a Federal High Court sat in Lagos Thursday and directed that a meeting of shareholders of the Bank be held in […]

Nosak Group reports N5.0 bn investment on distillery plant, eyes listing on NSE

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Conglomerate giant, Nosak Group has reported an investment of N5.0billion in its Distillery Plant, Nosak Distilleries Limited; as the Group eyes listing on the Nigerian Stock Exchange (NSE). Toni Ogunbor, Chairman/Group Managing Director (GMD) of the Group Thursday made this affirmation to newsmen at a […]

Kyari Bukar resumes duty as Nigeria’s Clearing House new CEO

By InvestAdvocate Lagos (INVESTADVOCATE)-Kyari Bukar has resumed duty as the new Managing Director and Chief Executive Officer (MD/CEO) of the Nigeria’s Capital Market Clearing House, the Central Securities Clearing System Limited (CSCS); following the retirement of Onyewuchi Asinobi last March. At   a brief ceremony held in honour of the new […]