Author: InvestAdvocate

CBN Awards N9.5bn Contract to Bankrupt Firm

Apex bank defends contract award Dermalog, the company which the Central Bank of Nigeria (CBN) gave the nod to install a biometric payment system for Nigerian banks is bankrupt, investigations have revealed. The German firm went into voluntary liquidation in 2012 and was technically broke at home (in Europe) at […]

ETI Board Holds Meeting in Lome Today

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The board of pan-African bank, Ecobank Transnational Incorporated (ETI) will Monday (today) February 03, 2014 in Lome Togo hold a crucial meeting in respect of corporate governance issues as directed by Nigeria’s Securities and Exchange Commission (SEC). InvestAdvocate gathered that the meeting will focus on […]