A former banker with First City Monument Bank Plc (FCMB), Olajide Ogundipe, was on February 15th, 2012 sentenced to six months imprisonment by a Federal High court presided by Justice Alaba Ajileye in Lokoja, Kogi State over a N12.3 million automated teller machine, ATM, fraud.    Ogundipe, a cash officer with […]

By Opeyemi Issa InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) Friday announced it has trimmed its workforce and 17 staff were affected. This is contained in a Statement by Wole Tokede, Seniour Manager, Media/Corporate Commuincations of the NSE and made available to www.investadvocateng.com in Lagos Nigeria. Dante Ibidapo Martins, […]

Nigeria sold 80.91 billion naira ($513 million) in treasury bills this week at a regular debt auction, with yields on the 91-day paper falling but returns on 182-day bills rising from the previous week, the central bank said on Friday.  The central bank sold 21.83 billion naira of the 91-day […]