By MARCY GORDON, AP Business Writer Marcy Gordon, Federal regulators are set to propose new rules that could make it harder for financial firms to disguise their level of debt. The expanded disclosure requirements would apply to banks’ practice of temporarily trimming their debt at the end of quarters […]

  –Act on NAICOM’s directives By Peter OBIORA investadvocate Sept 18 2010 07.00 GMT     Lagos–Spring Bank Plc has injected N700 million into its insurance subsidiary, Spring Life Assurance Plc. Sola Ayodele, Group Managing Director/Chief Executive Officer (GM/CEO) of the Bank confirmed this to Media Executives on Tuesday September […]

  US home repossessions spike in August to highest level since start of mortgage crisis Alex Veiga, AP Real Estate Writer, On Thursday September 16, 2010 Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis.   The increase in home […]