By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Tuesday warned Banks, Discount Houses and Development Banks against Money Laundering and advised on the appointment of chief compliance officers (CCO). This contained a circular with reference number FPR/DIR/GEN/001/022 dated July 18 2013 and signed by Nwaoha I.T, Acting […]
Uncategorized
GTBank Acquires 70% Stake in Offshore Bank
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guaranty Trust Bank Plc (“GTBank”) Tusday announced it has acquired a 70 percent (70%) stake in Fina Bank Limited, (“Fina Bank”) . Fina Bank in a notice to the Nigerian Stock Exchange (NSE) said it has reached an in-principle agreement for the acquisition by […]
Onyema Reaffirms Africa as New Investors Destination
By InvestAdvocate Lagos (INVESTADVOCATE)-Oscar Onyema, Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE) has reaffirmed Africa as a new investors destination. Onyema in his keynote address at the recently held African Leadership Academy Indaba (ALA Indaba) dinner in his speech “Identifying Opportunities in Africa†said the continent is […]
