Author: InvestAdvocate

Sovereign Trust, MTech declare losses in year 2009 Audited result

    By Yakubu LAAH investadvocate Oct 04 2010 16.48 GMT   Lagos (investadvocate)-Sovereign Trust Insurance Plc (SOVRENINS)  and Mtech Communications Plc (MTech) has declared losses in their Audited Report for the periods ended December 31 2009.   This was made available to investadvocate today Monday October 04 2010 at […]

UBA Plc Raises N20bn Tier2 Capital

  Lagos, 4/10/2010   United Bank for Africa, one of Africa’s leading financial services institutions has successfully raised a total of N20billion of Tier 2 capital in the first ever completed Naira denominated instrument in Nigeria. The additional capital is to help UBA further strengthen its capital base, enhance capital adequacy ratio, […]

Pending home sales rise 4.3 percent in August

  WASHINGTON – The number of people who signed contracts to buy homes rose in August for the second straight month but remained far below last year’s pace. The weak economy and fears that prices will fall are keeping many consumers away from the housing market. The National Association of […]