Author: InvestAdvocate

Nigeria’s Union Bank’s Stakeholders urge speedy recapitalisation

 -To raise fresh capital via Rights Issue By Peter OBIORA investadvocate Oct 12 2010 18.29 GMT Lagos (investadvocate)-Nigerian’s Union Bank Stakeholders has urged it’s Board on the speedy recapitalisation of the Bank. This was contained in a Statement Tuesday 12 October 2010 signed by Francis Barde, Principlal Manager, Corporate Affairs […]

Asian stocks up after Fed’s minutes

TOKYO – Asian stock markets rose on Wednesday as the minutes from the Federal Reserve’s latest meeting signaled that the U.S. central bank will soon act to boost growth. Investors also took heart from Intel Corp.’s better-than-expected earnings results, which came after the closing bell Tuesday. Intel said its net […]

First pair of 33 men rescued from Chilean mine

By MICHAEL WARREN, Associated Press Writer SAN JOSE MINE, Chile – The first two of 33 men trapped in a collapsed mine were rescued early Wednesday after 69 days underground, pulled to fresh air and freedom at last in a missile-like escape capsule to the cheers of family and countrymen. […]