Tag: Banks

Asian shares slide as bank fears add to global gloom

Fri Feb 12, 2016/Reuters By Hideyuki Sano Asian shares slid on Friday as mounting concerns about the health of European banks further threatened a global economic outlook already under strain from falling oil prices and slowdown in China and other emerging markets. The prices of yen, gold and liquid government […]

SEC receives 1,500 petitions on bank charges, others

In the last one month, the Securities and Exchange Commission has received over 1,500 complaints from shareholders of quoted companies, investigations have revealed. Our correspondent gathered on Sunday that the complaints bothered on bank charges, non-payment of dividends by some quoted companies even after declaring profits, and delays in getting […]

Banks Loan to Oil & Gas Sector Hits $5.7 Billion- CEO Seplat

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – Banks loan to the oil and gas sector of the Nigerian economy is estimated to have reached $5.7 billion within the past five (5) years, Austin Avuru, chief executive officer (CEO) of the first dual listed Nigerian oil and gas upstream firm, Austin […]