Author: InvestAdvocate

EFCC Arrests Adeyemi Ikuforiji, Lagos Speaker Over N7bn Fraud

2015 is not here yet, but the battle for the soul of Lagos has intensified as accusation and counter–accusation between the National Legal Adviser of ACN, Dr. Muiz Banire and the Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, is getting messier by the minute. Huhuonline.com understands that […]

Regulator to sue major banks over mortgages

By Margaret Chadbourn WASHINGTON (Reuters) – A U.S. regulator is filing lawsuits against major banks, accusing them of bundling subprime home loans into bonds that never should have been sold to investors, and causing mortgage giants Fannie Mae and Freddie Mac to lose billions, a source said. The Federal Housing […]

Savannah Bank commences refurbishment of Branches, to resume December

By InvestAdvocate Lagos (INVESTADVOCATE) – There are indications that Savannah Bank of Nigeria Plc has commenced the refurbishment of its Branch network in preparation to commence operations in December 2011. A Source name (withheld) close to the Bank disclosed this to InvestAdvocate.   The Source affirmed that out of the […]