Abbey Mortgage Bank Plc has been cleared of allegations regarding insider trading during a closed period, as initially stated in the Nigerian Exchange's X-Compliance Report. After a review of the circumstances surrounding the case, the Nigerian Exchange has decided not to enforce any penalties against the bank.
Abbey Mortgage Bank, a leader in the Nigerian mortgage sector since its incorporation in August 1992, has continually demonstrated resilience and stability. With strategic growth initiatives, such as the addition of a significant investor in 2020, the bank has shown remarkable progress, including a 250% increase in customer deposits from N6 billion to N21 billion in 2021 and shareholders’ funds exceeding N8.5 billion.
The Police Command in Imo has confirmed the death of six people in a road accident on Saturday evening in Imo. The Command’s Public Relations Officer, ASP Henry Okoye, who confirmed this to the News Agency of Nigeria on Sunday,said the crash occurred in Owerri. Okoye said that a citizen reported to the police…
A group of 12 APC state executive committee members in Zamfara has called on the National Chairman of the party, Abdullahi Ganduje, to inte