The Nigerian Stock Exchange’s (The Exchange) attention was drawn to some erroneous news reports in some of today’s newspapers regarding the meeting between The Exchange and Chief Executive Officers of dealing member firms yesterday morning. The Exchange wishes to state that it has Not directed Brokers to move their […]
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Union Bank recapitalisation: Shareholders will not lose-GMD
Lagos– investadvocate in its usual manner was in a Question and Answer Session at a Media Parley with Business Editors by Union Bank of Nigeria Plc. The major issue discussed is the ongoing recapitalisation of the Bank to beat the September 30 2011 deadline set by Nigeria’s Central Bank for the […]
AIG sues Bank of America for $10B over mortgages
AIG sues Bank of America, seeking $10 billion restitution on mortgage-backed securities Peter Svensson, AP Business Writer, On Monday August 8, 2011 NEW YORK (AP) — More trouble piled up for Bank of America Corp. on Monday, as American International Group Inc. sued it for more than $10 billion, saying […]

