Uncategorized

House Probes Union Bank Over Alleged Infractions

The House of Representatives, Tuesday, mandated its Committee on Banking and Currency to investigate the operations of the Union Bank of Nigeria Plc under the management of Mrs. Funke Osibodu and report to the House within 21 days. This followed a motion of urgent public importance sponsored by Hon. Akpan […]

Shares grind up ahead of Fed minutes, euro off lows

World shares pushed to three-week highs on Wednesday as weak Chinese data sparked talk of monetary easing in Beijing, while the dollar dipped as markets awaited minutes from last month’s Federal Reserve meeting. Europe’s broad FTSEurofirst 300 (.FTEU3) share index was up 0.1 percent by 0745 GMT (3.45 a.m. EDT) […]

Afroil, Poly Products, others to delist from NSE

The Nigerian Stock Exchange has announced that the shares of Afroil Plc will be delisted from its daily official list. In a statement posted on the Exchange’s website on Tuesday, the NSE said that it had placed the shares of Afroil on regulatory delisting for reasons of non-compliance with the […]