Author: InvestAdvocate

EFCC Arrests Two Bankers for N661m Fraud

Press Release/EFCC The Economic and Financial Crimes Commission (EFCC) has arrested two bankers for allegedly stealing the sum of N661, 000,000 (Six Hundred and Sixty One Million Naira) from their employers. The duo, Samuel Obende,  a Branch Manager and Rabiu Alhasan Dawaki,  Head of Operation both of Bello Road Cash […]

Exchange Builds Capacity of Market Participants

Press Release In line with its mandate to broaden and deepen the Nigerian capital markets, The Nigerian Stock Exchange (NSE) in partnership with Exchange Traded Funds providers (Vetiva Fund Managers Limited, Lotus Capital Limited and ABSA Capital, South Africa) today, August 14, 2014 organised a one-day Investment Management seminar tagged […]

Nigerians Can Now Transfer $2,000 Abroad Via Outbound Money Transfer Services-CBN

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Thursday announced that Nigerians can now transfer up to $2,000 abroad to relatives via the Outbound Money Transfer Services in partnership with the Western Union Money Transfer (WUMT). The CBN said Godwin Emefiele, the governor will as part […]