Capital Market

Access Bank to Open China Unit mid- October, Seeks Expansion to Middle East, Asia

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Access Bank Plc on Friday said it will open its China unit mid-October; as it’s seeks expansion to the Middle East and Asia, Obinna Nwosu, group deputy managing director (GDMD) of the bank disclosed to Journalists in Lagos. This is coming […]

Liberty Reserve Employee Pleads Guilty in Bank Scheme

Sep 23, 2014/Bloomberg The former information technology manager of Liberty Reserve SA, which prosecutors say was a “black-market bank” that masked more than $6 billion in criminal proceeds, pleaded guilty to conspiring to operate an unlicensed money-transmitting business. Maxim Chukharev, 28, worked with the company’s former chief technology officer, Mark […]

Seplat Wins Best African Listing Award

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Oil and gas firm, Seplat Petroleum Development Company of Nigeria (SEPLAT) has emerged as the winner of ‘’Best Africa listing’’ award by Africa investor (Ai), a leading international investment and communications group. Ai announced SEPLAT ‘’Best Africa Listing’’ winners of the award at the prestigious […]