Sept 6, 2016/Dangote Group CHEAP BLACKMAIL!!! The malicious broadcast alleging a partnership between Dangote and FG for importing and flooding the market with poisonous GMO rice is ABSOLUTELY FALSE! Dangote IS NOT involved in the production or sales of GMOs and its research in Nigeria or anywhere. What people should know however […]
Updates
UBA confirms 25% subsidiaries’ contribution to profit
6/9/2016/Punch Stanley Opara The Group Managing Director/ CEO, United Bank for Africa, Mr. Kennedy Uzoka, has said the banks African subsidiaries contributed 25 per cent of the group’s profit and account for over a quarter of its overall total deposit base, which is largely made up of low-cost savings and […]
CBN to Sanction Banks over N214 Billion Electricity Stabilisation Fund
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said on Monday if will sanction Banks participating in the disbursement of the N213 billion Nigeria Electricity Market Stabilisation Facility, called power sector intervention fund. This is contained in a circular with reference number FPR/DIR/GEN/CIR/06/003, dated September 1, 2016, and signed […]
