July 09, 2012 / The Press Association, UK A bank official from Kent admitted defrauding his bosses of £2 million. Michael Corrigan, 48, pleaded guilty at the Old Bailey to four offences of fraud committed between January and September 2010. Corrigan, of Hayne Road , Beckenham, was remanded […]
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Equities market still holds promise for investors – Analysts
Analysts have said that the equities segment of the Nigerian Stock Exchange still has the potential of ensuring good returns to shareholders. The analysts said that despite the instability recorded in the market in the second quarter of the year, with a careful choice of investment portfolio, investors could still […]
Nigeria’s CBN sells US$601.1m at WDAS last week
The CBN offered US$650.0m but sold US$601.1m at the WDAS last week – US$350.0m and US$251.1m at Monday and Wednesday’s auctions respectively. The Naira closed flat at N155.94/US$1.00 on Monday, while it gained 4k to the Dollar on Wednesday to close at N155.90/US$1.00. Improved Dollar supply at the interbank market […]
