Author: InvestAdvocate

Unity Bank seek strategic investors

  -our Bank is valuable: GMD   “Unity Bank Plc emerged from the largest merger and consolidation in the history of the Nigerian Banking industry.   The Bank came into being in January 2006 as a result of merger of nine financial institutions with about 209 branches and competencies investment, […]

SEC chief appearing after Goldman deal

  SEC chairman coming before Congress after financial overhaul, record Goldman settlement                                                                 Marcy Gordon, AP Business Writer, On Tuesday July 20, 2010, 1:12 am   WASHINGTON (AP) — The head of the Securities and Exchange Commission is appearing before Congress days after the passage of sweeping financial regulation that […]

NNPC insurance fraud: NIA defends members’ involvement

  TUESDAY, 20 JULY 2010 01:12 MODESTUS ANAESORONYE     The umbrella body of insurance companies in the country, the Nigerian Insurers Association (NIA), has defended its members’ involvement in the Nigerian National Petroleum Corporation (NNPC) insurance account, alleged to have been inflated to the tune of $363.8 million during a ten-year […]