Cornerstone Insurance to issue bonus shares in view of recapitalisation
The bonus share issuance is subject to shareholders' approval during the company's next Annual General Meeting.
The bonus share issuance is subject to shareholders' approval during the company's next Annual General Meeting.
The company's interest income grew by 12.45% to N1.28 billion as against N1.14 billion in H1 2019.
The overall objective of these interventions is to promote financial inclusion in the country.
They also acknowledged that “Nigeria has a difficult macro environment”.
We shall be focusing on what these rating agencies do and when they were incorporated.
Jaiz Bank currently has total assets of N186.6 billion.
PenCom's Acting DG said pension fund managers have been very cautious about where they invest.
Seeing as AMCON's job is not fully done, liquidation may not really be an option in the meantime.
CBN had granted a temporary suspension on loan interests and repayment on principal debts.
The current CEO is scheduled to retire by December 31st, 2020.
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