By InvestAdvocate Lagos (INVESTADVOCATE)-There are indications that an Associated Airline plane Thursday morning crashed at the Lagos Airport. According to reports reaching InvestAdvocate, the crashed occurred at the local wing of the airport near the Toll Gate. It was also gathered that the Airline was carryinbg about 20 passengers from […]
Author: InvestAdvocate
NDIC, judiciary, police to prosecute operators, debtors of 103 MFBs
The Nigeria Deposit Insurance Corporation, NDIC has disclosed that plans are underway to prosecute operators and debtors who contributed to the collapse of 103 Micro Finance Banks (MFBs) in 2012. The Managing Director / Chief Executive Officer, Alhaji Umaru Ibrahim, who revealed this, said NDIC in collaboration with judiciary and […]
Foreign investors seen warming to Nigeria’s power sector-official
* Most power assets have so far gone to local oligarchs * Power task force head says foreign interest growing * Nigeria selling sector to try to end crippling blackouts The initial sell-off of state power assets, designed to end decades of electricity shortages, mostly attracted local oligarchs, while foreign […]