Author: InvestAdvocate

Facebook to Buy Instagram for $1B

Facebook announced Monday that it will buy Instagram, a popular mobile-only photo-sharing app, for $1 billion. Instagram has garnered attention as its user base increased rapidly, from 1 million users in January 2011 to 15 million in December 2011, and 30 million users now, according to Business Insider. It marks […]

Enforce rules on dud cheques-Former FHAN Boss

In this interview with PETER OBIORA of Investadvocate, Eddie Osarenkhoe, former President of Finance House Association of Nigeria (FHAN) and Chief Executive Officer of TFS Finance Limited discusses issues relating to the recent revocation of Licenses of 47 Finance Houses by the CBN, capacity of Operators in the Industry to […]

How lack of regulation aided pension fraud

Eight years after the Pension Reform Act, 2004, which mandated the six pension departments of the Federal Government to submit to regulation by the National Pension Commission was enacted, the departments have been operating without any supervision. They are the civil service, military, police, customs, immigration and prison pension departments. […]