Author: InvestAdvocate

Chesapeake’s embattled CEO McClendon to retire

Aubrey McClendon, the brash and embattled CEO of Chesapeake Energy Corp., will leave the company he founded 24 years ago amid philosophical differences with the company’s new board of directors. The company announced Tuesday that McClendon will step down April 1 and will serve as CEO until a successor is […]

CBN Direct Banks to Submit Returns on EIB Investments

  By Our Correspondent Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has directed Banks to submit returns on European Investment Bank’s Investments for the period January 28 to December 2012. This is contained in a Circular with Reference Number TED/FEM/FPC/GEN/01/24 dated January 28 2013 signed by NT Igba for Director, […]

N27bn pension thief rearrested after outcry

There were  indications on Tuesday that public outcry against the light sentence handed an Assistant Director in the Police Pension Office, Mr. John Yakubu Yusuf, by  a  Federal Capital Territory High Court,  forced the Economic and Financial Crimes Commission to rearrest him. The high court presided over by Justice Mohammed […]