Updates

Access Bank Get Shareholders Approval to Raise N100 Billion Fresh Capital, 30 Kobo Final Dividend

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Shareholders of Nigeria’s top tier lender, Access Bank Plc on Wednesday at its 27th Annual General Meeting (AGM) approved the 30 kobo per share final dividend earlier offered by the board in its 2015 audited year end and authorised directors to raise a fresh fund […]

Nigeria FBN Holdings sees no need to raise equity after loan loss

Wed Apr 27, 2016/Reuters Nigeria’s biggest banking group FBN Holdings has no need to tap equity markets after an unexpected 119 billion naira ($600 mln) loan loss provision last year but will keep loan growth flat to boost capital, its CEO said on Wednesday. CEO Urum Kalu Eke said the […]

The Guardian Nigeria launches online TV platform

27/4/2016/The Guardian The Guardian (http://www.Guardian.ng), Nigeria’s most trusted newspaper, launched its online TV platform, Guardian TV (http://www.TV.Guardian.ng), on Wednesday, April 27. Guardian TV will provide exclusive video interviews, as well as up-to-the-minute videos from across the world, and will be available on virtually any device that has an internet connection, […]