The Federal Mortgage Bank of Nigeria is set to recover loans from its clients including Primary Mortgage Institutions in order to meet its obligations to its shareholders, the Chairman of the bank’s Board of Directors, Chief Bisi Ogunjobi, has said. Ogunjobi, who addressed journalists in Abuja on Friday shortly after […]
Author: InvestAdvocate
Lagarde Hails Cyprus on Financial Stability, Approves $113.1 Million Facility
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Monday commended Cyprus on steps taken to ensure financial stability of the country and approved the disbursement of about €84.7 million, or US$113.1 million extended fund facility (EFF). This is coming […]
Dangote Cement rewards distributors with N800m sales bonus
It was a rain of Naira in Lagos on September 11, 2013, for the distributors of Dangote Cement as the management of the company splashed about N800 million on them as their sales bonus for 2012. The excited distributors from all states of the federation including Abuja, received various sums […]
