LAGOS (investadvocate) July 21, 2010 16:00 GMT   First City Monument Bank Plc (FCMB) has reported 75 percent (75%) internal fraud in its operations. This was contained in the Annual Reports and Accounts December 2009 made available to investadvocate at the Bank’s 27th Annual General Meeting (AGM) held Wednesday […]

  By Goddy Egene, 07.20.2010    Despite the volatility the Nigerian stock market is going through in recent times, the market outperformed leading markets in America, Europe and Asia in the first half of 2010.Information obtained from AfriBiz – an organisation devoted to the promotion of African markets, showed that Nigerian Stock […]

  WEDNESDAY, 21 JULY 2010 BY MOSES EBOSELE AND HELEN OJI BUSINESS   Indications  emerged  in Lagos yesterday (Tuesday) that some foreign and local investors were bracing up to acquire stake in Unity Bank Plc.The Central Bank of Nigeria (CBN) recently extended the recapitalisation deadline it gave Unity Bank and […]