March 27, 2017/Keystone Bank Ltd Following the sale of Keystone Bank to Sigma Golf-Riverbank Consortium by the Asset Management Corporation of Nigeria (AMCON), the new investors have finally taken possession with a view to repositioning the bank immediately. A statement from the bank said the handover took place last Friday […]
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Nigeria overnight lending rate hit 100 pct this week after dollar sales – traders
March 24, 2017/Reuters Nigeria’s overnight lending rate rose as high as 100 percent this week after the central bank withdrew naira liquidity to offset dollar purchases, but it fell sharply on Friday as the government disbursed budget funds through the banking system. Overnight rates fell to 10 percent on Friday […]
UNIC Insurance Shares Placed on Full Suspension
By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, UNIC Insurance Plc said on Friday its shares has been placed on full suspension from trading on the Nigerian Stock Exchange (NSE). The company said its in compliance with the process required for the approved Scheme of arrangement between it and holders of its fully paid […]
