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Unity Bank Profit dips by 69.5% in Q1 of 2012

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Unity Bank Plc Thursday posted a dip in Profit After Tax (PAT) of 69.5% in its First Quarter (Q1) Report for the Period Ended March 31 2012. From the Q1 Unaudited Result of the Bank released to the Nigerian Stock Exchange (NSE) and made available […]

RT Briscoe offer investors 10 Kobo dividend, 1 for 5 bonus in 2011 end

By Opeyemi Issa InvestAdvocate Lagos (INVESTADVOCATE)-RT Briscoe Nigeria Plc Thursday proposed to offer investors of the Company a 10 Kobo dividend and 1 for 5 bonus shares for the Audited Period Ended December 31 2011. From the Corporate Actions of the Company to the Nigerian Stock Exchange (NSE) and made […]

Nigeria Skye Bank raises $100 million in bonds

Nigeria’s Skye Bank has raised $100 million in debt from a multilateral institution at a floating coupon rate of 6.3 percent for seven-years to boost its capital, its chief executive Kehinde Durosinmi-Etti said on Thursday.  “It will add about two percent to our capital adequacy ratio,” he said, during an […]