European Union finance chiefs struck an agreement on how to handle failing banks, a step they said would bolster investor confidence and help overcome the euro-area financial crisis. In seven hours of emergency negotiations in Brussels that wrapped up at about 1:30 a.m. today, ministers settled on guidelines for assigning […]
Author: InvestAdvocate
$4,095 SEC Fraud: You Have A Case To Answer, Court Tells Hembe, Azubogu
Former Chairman of the House of Representatives Committee on Capital Market, Hon. Herman Hembe and his deputy, Hon. Chris Azubogu who are being prosecuted by the Economic and Financial Crimes Commission, EFCC for a $4,095 estacode scam, have a case to answer, a statement by the EFCC said Wednesday. An […]
Unity Bank to Raise Share Capital to N40bn
Shareholders of Unity Bank Plc Wednesday approved the move by the bank to increase its authorised share capital to N40 billion from the current N30 billion. The additional N10 billion share capital translates into 20 billion ordinary shares of 50 kobo per unit of share. Speaking in Abuja at its […]
