Author: InvestAdvocate

Investors offer about $38.8 billion in Greek debt buyback: source

By George Georgiopoulos Greece is set to purchase back about half of its debt owned by private investors, broadly succeeding in a bond buyback that is key to the country’s international bailout, a Greek government official said on Saturday. Greek and foreign bondholders offered the targeted 30 billion euros ($38.8 […]

House probes N2.1bn mint scam, to invite Sanusi

The House of Representatives on Saturday said it was shocked to hear that N2.1bn of newly printed N1,000 notes was missing at the Nigeria Security Printing and Minting Company. Last week, the Central Bank of Nigeria Governor, Lamido Sanusi, launched an investigation to ascertain the quantity of money missing at […]

Infrastructure Bank to issue N1.5bn right issues

The Infrastructure Bank Plc has concluded plans to issue N1.5 billion right issues to its existing shareholders, opening from December 17 to January 28, next year. The shareholders of the bank include federal and state governments; local governments and trade unions, according to its Managing Director, Adekunle Oyinloye. At a […]