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DMO: 13 States records N200 billion domestic debt

By Peter OBIORA investadvocate Nov 02 2010 15.31 GMT Lagos        (INVESTADVOCATE)-The Debt Management Office (DMO) has put the domestic debt profile of 13 states across the six geo-political zones to N200 billion after its computerisation of Domestic Debt data Reconstruction (DDR) exercise.   Abraham Nwankwo, Director General (DG) of DMO, […]

Union Bank: SEC drags Ebong, Ololo, 34 others to IST over price manipulation

-N30.477 billion foreign credit used By Peter OBIORA investadvocate Nov 02 2010 17.20 GMT   Nigeria’s Securities and Exchange Commission (SEC) has dragged Bartholomew Bassey Ebong, erstwhile Group Managing director/Chief Executive Officer (GMD/CEO) of Union Bank of Nigeria Plc (UBN) to the Investments and Securities Tribunal (IST) over share price manipulation. […]

Stanbic IBTC declare N7.2 billion Profit in nine months

TUESDAY, 02 NOVEMBER 2010  BY MOSES EBOSELE STANBIC IBTC Bank Plc, a member of the Standard Bank Group, yesterday, announced profit after tax of N7.2 billion, an increase of 93 per cent, compared to N3.7 billion recorded in September 2009.   According to the unaudited result, turnover for the period stood […]