By Matt Scuffham-Reuters The chastened former head of Barclays apologized for the “reprehensible” behavior of his traders who fixed interest rates, but told British lawmakers on Wednesday his bank had been unfairly singled out after coming forward to admit wrongdoing. Bob Diamond, 60, quit this week after Barclays agreed to […]
Author: InvestAdvocate
Seven-up Profit decline by -9.2% in 2012 End
By InvestAdvocate Lagos (INVESTADVOCATE) July 03 2012-Seven Bottling Company Plc Monday recorded a decline in Profit After Tax (PAT) of 9.2 percent (-9.2%) in the Audited Report for the Period Ended March 31 2012. This is contained in the Result Announcement of the Firm released on the Floor of the […]
Nigerian naira eases vs dollar as liquidity drops
Nigeria’s naira eased against the U.S dollar on the interbank market but was stable at the central bank’s foreign exchange auction on Monday, as demand for the greenback by importers and foreign firms remitting dividends outweighed dollar sales by oil companies. Traders said the naira closed at 163.10 to the […]
