Author: InvestAdvocate

Unity Bank Appoints Acting MD

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The board of directors (BODs) of Unity Bank Plc has announced the appointment of Rislanudeen Muhammad as acting managing director (Ag MD) of the bank with effect from Wednesday August 28, 2013. This is coming on the heels of the voluntary retirement of Ado Yakubu […]

Oil falls below $115 as UK lawmakers reject Syria attack

* British parliament says no to Syria attack * Unrest in Libya cripples crude output, exports * OPEC oil output falls despite Saudi boost – Reuters survey * Coming up: U.S. CFTC commitment of traders weekly data; 1930 GMT (Updates prices, supply data paragraphs 5,12)     Brent crude oil […]

UK mortgage approvals highest in over five years, business lending up

Lending to home-buyers hit its highest level in more than five years last month and lending to businesses rose for the first time since January. The Bank of England data on Friday provided further evidence that Britain’s economic recovery was picking up pace, helped by state incentives to free up […]