By Agency reporter Wednesday, 3 Nov 2010 First Hydrocarbon Nigeria Limited, on Tuesday, announced the acquisition of an equity interest in the company by African Capital Alliance, a leading Nigerian private equity firm. The investment in the company, according to a statement, is non-dilutive to existing shareholders and ACA is committed […]

By Agency reporter Wednesday, 3 Nov 2010 Stanbic IBTC Bank Plc, a member of the Standard Bank Group, has posted a profit before tax of N10.1bn for the nine months ended September 30, 2010, which is a 97 per cent rise over the N5.1bn recorded in the corresponding period of last […]

By Nike Popoola Wednesday, 3 Nov 2010 The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has said that the bank plans to introduce a new remedial programme on corporate governance to guide the board of directors in their responsibilities. Sanusi said this during the continuous education programme for […]