By Carrick Mollenkamp and Emily Flitter | Reuters New details from court documents and sources close to the Libor scandal investigation suggest that groups of traders working at three major European banks were heavily involved in rigging global benchmark interest rates. Some of those traders, including one who used to […]
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Nigerian Bourse Set to Launch Islamic Index
Press Release Sequels to the signing of a Memorandum of Understanding (MoU) between The Nigerian Stock Exchange (NSE) and Lotus Capital Limited for the development and management of a certified Shari’ah compliant Index, arrangements havebeen concluded for the launching of the Index on Monday, July 30, 2012. The Islamic Equity […]
Nigeria’s Union Bank posts N7.618 billion PAT in Q1 ’12 End
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – Union Bank of Nigeria Plc (UBN) Friday posted a Profit After Tax (PAT) of N7.618 billion for the First Quarter Report (Q1) for the Period Ended March 31 2012. This is contained in the Result Announcement of the Bank to the Nigerian Stock […]

