Author: InvestAdvocate

UBA Foundation Intensifies Campaign on Prostate Cancer

Press Release UBA Foundation, the corporate social responsibility arm of United Bank for Africa (UBA) Plc, weekend intensified its awareness campaign against Prostate Cancer through an initiative tagged ‘Cycling for Prostate Cancer’. The cycling event, which is the fourth edition of the Foundation’s annual prostate cancer awareness initiative, held in […]

Bank of America to pay $9.3 billion to settle mortgage bond claims

Bank of America agreed to pay $9.3 billion to settle claims that it sold Fannie Mae and Freddie Mac faulty mortgage bonds, helping the bank to end one of the largest legal headaches it still faced from the financial crisis. The settlement, announced on Wednesday, includes $6.3 billion in cash […]

IMF Agrees on $14-18 Billion Stand-by Loan for Ukraine

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Thursday said it has agreed a $14-18 billion stand-by arrangement with Ukraine. Nikolay Gueorguiev, mission chief for Ukraine said in a statement that the deal will further unlock credits to worth $27 billion over the next two (2) years. “The […]