Citigroup Inc is close to paying about $7 billion to resolve a U.S. probe into whether it defrauded investors on billions of dollars worth of mortgage securities in the run-up to the financial crisis, a source familiar with the matter said on Tuesday. A majority of the settlement is […]
Author: InvestAdvocate
Biometric registration of bank customers begins in Lagos
The Central Bank of Nigeria has announced the commencement of biometric registration of bank customers in Lagos. As a result, bank customers in the state will be issued a unique identification number called Bank Verification Number. A statement quoted the Managing Director, Nigeria Interbank Settlement System, Mr. Ade Shonubi, who […]
BOC Gases Extends Terminal Date of Retiring MD to July 31
By InvestAdvocateLagos (INVESTADVOCATE)-BOC Gases Nigeria Plc on Tuesday said it has extended the terminal date for J.A Idowu its retiring managing director (MD) to July 31, 2014. The gas company in a notice to the Nigerian Stock Exchange (NSE) said that following the meeting of its directors held on Wednesday, […]