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Banks liquidation: Customers seek CBN‘s intervention

By Agency reporter Tuesday, 2 Nov 2010 Customers of the liquidated Ngas Micro-Finance Bank, Pankshin, Plateau State, have cried out to the Central Bank of Nigeria over their savings allegedly trapped in the bank. The News Agency of Nigeria reports that the apex bank in September suspended the licences of 224 […]

AIG to get $22 billion in TARP funds for restructuring

Monday Nov; 01 2010 Bailed out insurer American International Group will get up to $22 billion more in U.S. taxpayer funds to facilitate its restructuring and prepare for an eventual government exit, the U.S. Treasury said on Monday.   But the Treasury reiterated that it expects the government to earn […]

Multi-Trex list at N3.00 projects 15 Kobo dividend in 2013

By Peter OBIORA investadvocate Nov 01 2010 16.00 GMT Lagos (INVESTADVOCATE)-Multi-Trex Integrated Foods Plc (Multi-Trex) today Monday November 01 2010 listed by introduction at N3.00 and has projected to offer investors of the company a 15 Kobo dividend payout in year 2013.   Dimeji Owofemi, Vice Chairman/Chief Executive Officer (VC/CEO) of […]