By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s rescued lender, Keystone Bank Limited is being owed N13.65 billion by 126 delinquent debtors, according to the bank’s schedule of delinquent debtors published on its official website. The debts ranges from overdraft to import finance facility (IFF), mortgage, term loan, lease finance, local purchase […]
Frauds & Scandals
Afriland Refutes Allegation on Termination of Falomo Shopping Complex by Lagos State
August 20, 2015/Afriland Properties Plc The management of Afriland Properties Plc notes with concern, recent reports relating to its transaction to redesign and redevelop the iconic Falomo Shopping Centre in Lagos. These unverified reports have implied that, the contract with the Lagos State Development and Property Corporation (LSDPC) was terminated […]
Citigroup to pay $15 million to settle U.S. compliance charges
Wed Aug 19, 2015/Reuters A unit of Citigroup Inc (C.N) will pay $15 million to settle civil charges alleging it failed to enforce policies designed to prevent and detect insider trading, U.S. regulators said. Wednesday’s settlement with the Securities and Exchange Commission marks the second time this week that Citigroup […]
