Company News

November 20, 2013

Dangote Flour Mills released its 2013 9 months results with the company posting a pre-tax loss of N8.4billion. The...

Official Press Release From First Bank Confirming Its Acquisition Of International Commerce Bank

November 16, 2013

FIRSTBANK LTD (“FirstBank Commercial Banking Group” or the “Bank”), a subsidiary of FBN Holdings Plc announces today that it has...

AMCON Declares N823billion Loss (2011: N2.3trillion)

November 14, 2013

The Nation reports; The Asset Management Corporation of Nigeria (AMCON) has declared a loss of N822.9 billion for the year...

Oh!….Is This Why Forte Oil Shares Has Been Performing ‘Wonders’ Lately?

November 13, 2013

Forte Oil shares has been on the rise this year returning over 800% in the last one year alone. I...

More Troubles For Ecobank As Deal Reveals How NEDBANK May Soon Acquire 51% Of Its Equity

November 11, 2013

Ecobank Plc has been in the news lately for all the right and wrong reasons you can think about. Now...

Despite No Profits, This Economist Thinks “Twitter Is An Emotional Event, Not a Fundamental event”

According to Bloomberg; Twitter Inc. is poised to price its initial public offering at a valuation that makes it more...

Is This The Next Big Thing?| Dangote Invests N85billion In Agriculture Sector

Could this be the next big thing after oil?? The Federal Government through the Minister of Agriculture has indicated massive...

This Discount House Kept Three Books Of Accounts’| One For CBN, Another For Public and One For Auditors

Facts have emerged on how the top management of Consolidated Discount Limited (CDL) kept the alleged malpractices in its accounts...

Official: Diamond Bank Suspends $500million Bond Issuance