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CBN set to regulate management of commercial banks

The Central Bank of Nigeria has said it is working on a code to assist in regulating activities of commercial banks. The Director, Financial Policy and Regulations, CBN, Mr. Sola Awoyungbo, said this in an interview with the News Agency of Nigeria on Thursday in Lagos. He said that the […]

UACN forecast N4.611 billion PAT in Q3 of 2012

By InvestAdvocate Lagos (INVESTADVOCATE)-UACN of Nigeria Plc Wednesday made a forecast of N4.611 billion Profit After Tax (PAT) in its Third Quarter (Q3) Earnings for the Period September 30 2012. This is contained in the Firm’s Earnings Forecast to the Nigerian Stock Exchange (NSE) and made available to www.investadvocateng.com. The […]

Markets up broadly on hopes for Spanish banks, stimulus

Asian shares hit one-week highs on Thursday, and commodity prices and the euro firmed, on signs that Europe was dealing urgently with Spain’s banking crisis and that the United States could embark on fresh monetary stimulus. Dovish comments from a senior U.S. Federal Reserve official and strong Australian jobs data […]