Author: InvestAdvocate

IFRS: NASB moves to strengthen public sector

By Udeme Ekwere The Nigerian Accounting Standards Board has reiterated its commitment to strengthening the public sector in Nigeria. A statement from the body on Tuesday noted that there was the need to empower activities in addition to the private sector adopting the International Financial Reporting Standard. It said, “The […]

SEC approves N36bn investment in Union Venture

By Udeme Ekwere Union Venture & Petroleum Plc, a company quoted on the second-tier segment of the Nigerian Stock Exchange, has received approval to take in a core investor. According to a statement from UVPP, the approval, given by the Securities and Exchange Commission, allows Gland Energy Services Limited to […]

London may lose appeal for ‘grumpy’ banks

By Agency Reporter LONDON: London may become less attractive to banks if the United Kingdom government bows to public pressure for higher taxes on bonuses, said Chris Grigg, chief executive officer of British Land Company, the biggest developer in the city’s main financial district. Banks still feel “grumpy” about the […]