By MOSES EBOSELE In line with the ongoing plans to expand investors base, SacOil Holdings Limited, with operations in Nigeria and some parts of Africa, was at the weekend, admitted to the Alternative Investment Market (AIM) of the London Stock Exchange. The company, with a market capitalisation of approximately £128 million […]

By Ademola Alawiye The Central Bank of Nigeria has started surcharging Deposit Money Banks that have yet to submit their financial results for the year 2010, investigation by our correspondent has revealed. The Companies and Allied Matters Act stipulates that banks are to present their results six months after the […]

  By Peter OBIORA investadvocate Lagos (INVESTADVOCATE) –Diamond Bank Plc is planning to sell a N40 billion Non-Performing Loan to the Asset Management Corporation of Nigeria (AMCON). This was contained from the highlights of the teleconference Call the Bank hosted for Analysts and investors with its Seniour Management to discuss […]