[April 28, 2008]
Capital Bancorp: Change of Address
|
|
Capital Bancorp Limited has moved to 9/11 McCarthy Street, Onikan, Lagos.
All correspondence should be forwarded to the above stated address.
|
[April 28, 2008]
Our Website Improvement.
|
|
There have been significant improvements to the company’s website.
Users can now view/access
Ø Daily market data such as pricelist, top gainers and losers.
Ø 30 Day price trend, trades and volume trend by clicking on the company name from the pricelist.
Ø Daily financial news.
Ø Download daily market update using Adobe reader.
Ø Download CBL monthly newsletter using Adobe reader
Ø Download the application form for any on-going public offer.
Further improvements are underway. Clients are encouraged to visit the site regularly.
|
[March 02, 2007]
Crusader Insurance (Nigeria) Plc gets “A” rating
|
|
Crusader Insurance (Nigeria)
Plc has been rated ‘A’ by Agusto & Company Rating Agency in the current Insurance Report.
According to the report, Crusader has one of the largest investment portfolios amongst insurance companies in Nigeria,
based on the 2005 Insurance Survey. The report also credited Crusader with good cash flow and liquidity, as well as
adequate reserves for the level of risks the Company bears.
|
[February 28, 2007]
SEC approves Crusader’s Acquisition of Golden, Refuge and Royal
|
|
The Securities and Exchange Commission (SEC) has approved Crusader Insurance (Nigeria) Plc’s
acquisition of Golden Insurance Company Limited, Refuge Insurance Company Limited and Royal
Trust Assurance Limited.
|
[February 28, 2007]
Crusader gets new Life Insurance & Non-Life Insurance licenses
|
|
Crusader Insurance (Nigeria) Plc was on 28th February, 2007 issued two new licenses by the
National Insurance Commission (NAICOM) to operate a new Life Insurance company (Crusader Life Insurance Limited)
and a Non-Life Insurance company (Crusader Insurance (Nigeria) Plc).
|
[February 26, 2007]
Crusader Shareholders approve Merger with Admiral Insurance
|
|
Shareholders of Crusader Insurance (Nigeria) Plc approved the Company’s merger with Admiral Insurance Company Limited
at a Court-Ordered Meeting held at Federal Palace Hotel, Victoria Island, Lagos on 26th February, 2007.
Shareholders of Admiral similarly approved the merger at a separate Court-Ordered Meeting held at Imperial Chinese Restaurant,
Victoria Island the same day.
|
[February 20, 2007]
Capital Bancorp Limited holds AGM
|
|
Shareholders of Capital Bancorp Limited successfully
held their 18th Annual General Meeting on Tuesday, 20th February, 2007 at Golden Gate Restaurant, Ikoyi, Lagos.
A dividend of 5kobo per Ordinary Share was approved and paid to Shareholders for the financial year ended 31st March, 2006.
|
[February 20, 2007]
Capital Bancorp records all-round improved Performance.
|
|
Financial Highlights |
31/03/2006 (N’million) |
31/03/2005 (N’million) |
Growth (%) |
|
Gross
Earnings |
237.676 |
193.859 |
22.6 |
|
Trading
Portfolio Profit |
56.884 |
35.711 |
59.59 |
|
Stock broking &Corporate Fin. Income |
83.105
|
43.608 |
90.57 |
|
Finance
House Income |
122.028 |
103.535 |
17.86 |
|
Dividend per Share |
5kobo |
- |
- |
|
Exceptional Income
(Sale of long-term investments) |
65.148 |
- |
- |
|
Profit
before Tax |
102.589 |
32.751 |
213.24 |
|
Profit
after Tax |
97.171 |
30.690 |
216.62 |
|