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Cecilia Ibru Pleads Guilty, Convicted, Sentenced, Forfeits Assets

  Friday, 08 October 2010 1814hrs   It is confirmed that Mrs. Cecilia IBRU has been convicted of fraud by a Federal High Court in Ikoyi, Lagos.   The embattled former managing director of Oceanic Bank Plc entered a plea deal with EFCC prosecutors and was subsequently sentenced to a […]

BofA halts foreclosure sales in 50 states

By ALAN ZIBEL, AP Real Estate Writer WASHINGTON – Bank of America Corp., the nation’s largest bank, said Friday it would stop sales of foreclosed homes in all 50 states as it reviews potential flaws in foreclosure documents. A week earlier, the company had said it would only stop such […]

Ellah Lakes declares -85.10% loss in 2010 Audited result

By Yakubu LAAH investadvocate Oct 08 2010 15.03 GMT   Lagos (investadvocate)-Ellah Lakes Plc operating in the Agriculture/Agro-Allied Sector of the Nigerian Stock exchange (NSE) has declared 85.10 percent (-85.10%) loss in its Audited Report for the period ended July 31 2010.   This Result was released today Friday October […]