Since the financial crash, banks have been accused of wrongfully foreclosing on homeowners because they failed to create and maintain proper mortgage paperwork. Now, there are signs that chaotic document management is harming investors in mortgage bonds, too. A review of loan documents, property records and the monthly reports made […]
Author: InvestAdvocate
Military retirees lament non payment of pension arrears in 3 yrs
THE retired Army, Navy and Air Force Officers Association of Nigeria, RANAO, yesterday, demanded the payment of three years pension arrears of its members as approved since 2010. The group lamented the non-payment of the accumulated arrears three years after it was approved for payment. Briefing newsmen in Abuja, the […]
FG to strengthen microfinance banks
Nigerian Deposit Insurance Company on Thursday said that the Federal Government had concluded plans to address the challenges facing the microfinance banks. Managing Director and Chief Executive Officer of NDIC, Mr. Umaru Ibrahim, made the disclosure at the opening of a two-day workshop organised for operators in the microfinance banking […]
