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AFC Posts $29m Profit

  By Crusoe Osagie, 07.04.2010    The has announced an operating profit of $28.7 million for the year 2009 amid the economic upheaval that shook the globe during the period. According to the results for the 12 months ended 31 December 2009, AFC recorded a 650 per cent increase in net […]

NSE DG: Uncertainty Reigns as Search Intensifies

  By Goddy Egene, 07.04.2010    As the Nigerian Stock Exchange (NSE) intensifies the search for a replacement for its incumbent Chief Executive Officer CEO) Prof. Ndi Okereke-Onyiuke, and the Executive Directors (EDs), the chances of any of the current top executives of the Exchange becoming the new CEO are […]

IFC, Subsidiary Invest $175m in Ecobank

  By Emele Onu, 07.04.2010    The International Finance Corporation (IFC), a member of the World Bank Group, and IFC Asset Management Company have announced a total investment of $175 million in Ecobank Transnational Incorporated and its group subsidiaries.     This investment according to a statement from IFC, will […]