NEW YORK (Reuters) – A former trader at Bernard Madoff Investment Securities is expected to plead guilty next week to defrauding Madoff’s customers by helping falsify records and fake trades starting in the early 1970s, federal prosecutors said in a letter Wednesday. David Kugel, a former supervisory trader in the […]

By Ify Onye InvestAdvocate Lagos (INVESTADVOCATE)-Neimeth International Pharmaceuticals Plc has extended its Rights Issue by Seven (7) days. This was contained in a notice dated November 16, 2011 to the Nigeria Stock Exchange (NSE) and obtained by www.investadvocateng.com Thursday in Lagos Nigeria. “Neimeth International Pharmaceuticals Plc has notified The Exchange […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-One of the Plaintiffs and shareholder challenging the revocation of licenses of three Nationalised Banks, Afribank Plc, Bank PHB Plc and Spring Bank Plc, Boniface Okezie, National Chairman of the Progressive Shareholders Association of Nigeria (PSAN) has said that the Central Bank of Nigeria and […]