Tag: Nigerian Stock exchange

Mutual Benefit Assurance Posts N609 million Loss in 2012 End

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Mutual Benefit Assurance Plc Tuesday reported a loss of N609 million in its audited report for the period ended December 31, 2012. From the result released to the Nigerian Stock Exchange (NSE) and made available to InvestAdvocate, the company recorded a negative profit after tax […]

Nigeria’s GTBank Acquires 70% Stake in Kenyan Bank

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s Guaranty Trust Bank Plc (GTbank) Tuesday announced it has acquired 70 percent (70%) in Fina Bank Limited, Kenya with subsidiaries in Uganda and Rwanda. GTBank in a notice to the Nigerian Stock Exchange (NSE) following its letter dated July 16, 2013 informing the […]