By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The Board of Directors Access Bank Plc Thursday announced it has divested from its Cote d ’Ivoire subsidiary, Access Bank Cote d’Ivoire. According to the bank, the divestment was concluded via a direct sale of the Bank’s entire equity holding in the subsidiary […]
Tag: Nigeria
Nigerian president: 200,000 affordable mortgages
Nigerian President Goodluck Jonathan says his government will create more than 200,000 affordable mortgages over five years and introduce rent-to-own options for low-income housing to address a massive shortage in Africa’s most populous nation. Jonathan outlined the plans in a New Year’s Day address. Nigerian banks currently hold only 20,000 […]
SEC refutes Allegations on New Minimum Capital Requirement by ASHON, CIS
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Tuesday refuted the allegations made by the Association of Stock broking Houses of Nigeria (ASHON) and Chartered Institute of Stock brokers (CIS) that they were not consulted before the decision to review upwards the minimum capital requirement for capital […]
