By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-13 Bank Stocks are dominating the Nigerian Stock Exchange’s (NSE’s) Market Making Programme which commenced September 18 2012. Six (6) Banking Stocks were traded on inception; these include Sterling Bank Plc, Fidelity Bank Plc, Zenith Bank Plc, Guaranty Trust Bank Plc (GTBank), Diamond Bank Plc […]
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Again Nigeria’s Central Bank Retains Rate at 12%
By Our Correspondent Lagos (INVESTADVOCATE)-Again Nigeria’s Central Bank Monday retained its Interest Rate at 12 percent (12%) as part of the decisions taken at its Communiqué No. 87 of the Monetary Policy Committee Meeting of Monday January 21 2013. The CBN retained MPR at 12% with interest rate corridor of […]
Heritage Bank Commences Validation of SGBN Account Holders
The newly licensed Heritage Bank Limited has announced the commencement of validation exercise for old account holders of former Societe Generale Bank Limited (SGBN). The core investors in former SGBN had adopted the adopted Heritage Bank as its trading name. According to a statement signed by the Group Head, Corporate […]
