Uncategorized

UNION BANK GIVES OUT HOUSES, JEEPS TO BONANZA WINNERS

  Union Bank of Nigeria PLC has given out two houses, three prado jeeps, 18 Toyota corolla cars and several motorcycles to winners at the grand finale of its savings bonanza draw held in May, 2010. This concluded the 10 months promotion of the bank which started in April 2009 […]

Economic growth likely slowed in second quarter

    Fragile recovery may be getting weaker as consumers and business turn cautious Jeannine Aversa, AP Economics Writer, On Friday July 30, 2010     The already fragile economic recovery may be getting weaker.   Economists expect the government to report Friday that economic growth slowed in the April-to-June […]

Citigroup agrees $75m fraud fine

  30 July 2010   Banking giant Citigroup has agreed to pay $75m (£48m) to settle civil charges that it misled investors over potential losses from high-risk mortgages.It agreed the settlement with US financial watchdog the Securities and Exchange Commission (SEC).   The SEC said Citigroup had repeatedly made misleading […]