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Long-term funding, vital to pharmaceutical industry survival – M&B boss

In this interview with Udeme Ekwere, the Managing Director, May & Baker Plc, Mr. Nnamdi Okafor, says that funding is vital to the survival of the pharmaceutical industry in Nigeria. We are aware that May & Baker invested N4bn in the plant that was recently inaugurated by President Goodluck Jonathan, […]

EFCC Arrests Adeyemi Ikuforiji, Lagos Speaker Over N7bn Fraud

2015 is not here yet, but the battle for the soul of Lagos has intensified as accusation and counter–accusation between the National Legal Adviser of ACN, Dr. Muiz Banire and the Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, is getting messier by the minute. Huhuonline.com understands that […]

Regulator to sue major banks over mortgages

By Margaret Chadbourn WASHINGTON (Reuters) – A U.S. regulator is filing lawsuits against major banks, accusing them of bundling subprime home loans into bonds that never should have been sold to investors, and causing mortgage giants Fannie Mae and Freddie Mac to lose billions, a source said. The Federal Housing […]