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FirstRand Hovers As Nigerian Bank Deals Loom

March 16, 2011 FirstRand, South Africa’s No.2 banking group, is in advanced talks with Nigeria’s Sterling Bank over making a strategic investment in the lender, banking sources familiar with the deal said. Managing Director Sizwe Nxasana, who took over the reins of FirstRand over a year ago, told Reuters last […]

Proshare to launch version 5.0, Changes Approach to Social Media

March 14, 2011 Proshare has announced that ‘social media’ will be a big component of our overall communication matrix’, as part of its transformation plan to deliver its capital market information and support service for a new market. The company announced today that it will be formally launching the Proshare […]

NBC Delisting: SEC insist on rights of minority shareholders

Peter OBIORA investadvocate Lagos (INVESTADVOCATE)-Arunma Oteh, the Director General (DG) Nigeria’s Securities and Exchange Commission (SEC) affirmed Tuesday March 15 2011 that the Commission is out to protect the interest of minority shareholders in the ongoing plans by Nigerian Bottling Company Plc (NBC) to delist from the Nigerian Stock Exchange […]