Archive for March 21st, 2008

CBN approves appointment of new Directors in Union Bank

March 21, 2008

The Central Bank of Nigeria (CBN) has approved the appointed three new Non-Executive Directors to join the Board of Union Bank of Nigeria Plc. This was contained in a statement signed by Eddy Ademosu, on behalf of Principal Manager Corporate Affairs of the bank and made available to Proshare NI.

Those appointed are Dr. Cosmas [...]

NSE denies knowledge of Afroil, Capital Oil suspension

March 21, 2008

The Nigerian Stock Exchange has said it is not aware of the indefinite suspension placed on trading in the shares of Afroil Plc and Capital Oil Plc by the Securities and Exchange Commission.

The Principal Manager, Corporate Affairs, NSE, Mr. Shola Oni, said on Thursday that the NSE was yet to receive any information from SEC [...]