Author: InvestAdvocate

Goldlink, Continental Re- reports 8874 unclaimed dividends

  By Peter OBIORA investadvocate July 19, 2010 12:20 GMT       Insurance Giants Goldlink Insurance Plc (GICO) and Continental Reinsurance Plc (Continental Re) has reported 8874 unclaimed dividend warrants worth Hundreds of millions of Naira. The list was made available to investadvocate by Sterling Registrars Limited in Lagos […]

We Have Been Vindicated On Banks Recapitalization- Renaissance

SUNDAY, 18 JULY 2010 00:00 EDITOR  BUSINESS NEWS Professionals Friday’s papers were awash with the news that the Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi has, after 12 months of intransigence finally agreed that shareholders of the eight taken over banks can finally recapitalize their banks. This […]

Proposed Sale of ‘Rescued’ Banks: Senate, Reps Disagree

    SUNDAY, 18 JULY 2010 00:00         BY MARCEL MBAMALU BUSINESS SERVICES – BUSINESS NEWS  Selling Them to Foreigners Is Not in Nigeria’s Interest — Unegbu THE idea originally muted, but now reconsidered, by the Central Bank of Nigeria (CBN) to sell the ‘bailed-out’ banks to a blend of foreign […]