The International Monetary Fund (IMF) said on Saturday that Malawi, which has seen donor aid dry up and revenue shrink, should cut spending and reiterated its call for the devaluation of the kwacha currency. A mission from the fund has been taking stock of the southern African country’s public finances, […]

A former banker with First City Monument Bank Plc (FCMB), Olajide Ogundipe, was on February 15th, 2012 sentenced to six months imprisonment by a Federal High court presided by Justice Alaba Ajileye in Lokoja, Kogi State over a N12.3 million automated teller machine, ATM, fraud.    Ogundipe, a cash officer with […]

By Opeyemi Issa InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) Friday announced it has trimmed its workforce and 17 staff were affected. This is contained in a Statement by Wole Tokede, Seniour Manager, Media/Corporate Commuincations of the NSE and made available to www.investadvocateng.com in Lagos Nigeria. Dante Ibidapo Martins, […]