Author: InvestAdvocate

Single currency: West Africa will meet 2015 target – Sanusi

By Ifeanyi Onuba with agency report Friday, 11 Feb 2011 The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, on Thursday in Abuja expressed the hope that West Africa would meet the target of using a single currency by 2015. The idea of the single currency, initiated by the […]

JPMorgan fires back in $6.4bn Madoff lawsuit

By Agency Reporter Friday, 11 Feb 2011 JPMorgan Chase & Company accused the trustee seeking $6.4bn for victims of Bernard Madoff’s Ponzi scheme of doing an end run around the law in pursuing his case, and said it had a right to a jury trial. Reuters reported on Thursday that the […]

How Lagos lost N2bn in prime real estate

BySamson Echenim Friday, 11 Feb 2011 About 40 metres of land valued at between N1.5bn and N2bn has been washed off by erosion caused by a wrecked ship along the Lekki shore land, a frontline environmental activist, Mr. Desmond Majekodunmi, told journalists on Thursday. Majekodunmi said this when briefing journalists, […]