Author: InvestAdvocate

World Bank Issues IFRS Guide in Nigerian

  07.15.2010    The World Bank has issued the latest edition of its comprehensive publication on the International Financial Reporting Standards (IFRS) into the Nigerian market as Nigerian companies and regulators move toward convergence on the IFRS.   The 344-page publication aptly titled: International Financial Reporting Standards (IFRS), Fifth Edition, […]

Self-certified mortgages should be banned, says FSA chair … and maybe bonuses, too

  Jill Treanor and Jill Insley Wednesday 14 July 2010    Britain should consider restricting the flow of loans to households and businesses to create a more stable economy, the top City regulator said tonight as he prepared to clamp down on the mortgage market by banning “self-certified loans” used […]

Reps recover N1b from six banks

  By July 14, 2010 01:57AM   A total of N1.08 billion, amounting to interests from about N100 billion realized from the sale of the Federal Government properties, has been recovered from six banks, according to the chairman of the House of Representatives Committee on Housing and Habitat, Garba Shehu […]