Author: InvestAdvocate

Ibori: Prosecution’s Last-Minute Ambush Fails As Judge Strikes Down What Could Have Been A Game Changer

As the assets confiscation hearing of the former Delta State Governor entered its final day, the Judge, His Honour Anthony Pitts, has rebuffed attempts by the British Crown prosecution to change the case upon which the confiscation proceedings have been built from the onset. Crown Prosecutor, Sasha Wass, in her […]

BlackBerry hit with securities shareholder class action

A shareholder of BlackBerry Ltd sued the company and its executives on Friday, accusing them of inflating the stock price by painting a misleadingly rosy picture of the business prospects of its BlackBerry 10 smartphone line. Waterloo, Ontario-based BlackBerry, formerly Research In Motion Ltd, misled investors last year by saying […]

EC, IMF Contributes €20 Million to RTACs in ACP Regions

By Peter OBIORA InvestAdvocate   Lagos (INVESTADVOCATE)-The European Commission (EC) and the International Monetary Fund (IMF) Friday said they have signed €20 million contribution to the Regional Technical Assistance Centers in Africa, Caribbean and Pacific Regions.   According to Nemat Shafik, Deputy Managing Director (DMD) at the IMF, on October […]