The drop in equities listed on the Nigerian Stock Exchange and the resultant investor apathy has led to oversubscription of the Federal Government of Nigeria bonds since the beginning of this year. Our correspondent gathered on Monday that many domestic investors were becoming weary of the tumbling stocks on the […]
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Wema Bank Slammed US$85,000 for breach of contract
By InvestAdvocate Lagos (INVESTADVOCATE) – A Lagos High Court sitting at the Tafawa Balewa Square Court Complex has slammed Wema Bank Plc (Defendant) US$85,000 (N14, 025,000) for trying to evade Terms of Contract with ABC/Information Technology Limited (Claimant) www.investadvocateng.com can authoritatively Report. In the Court Judgment obtained by www.investadvocateng.com in […]
Substandard cheques in circulation –CBN
The Central Bank of Nigeria has indicated that some cheques, interest and dividend warrants currently being used are below standard. It specifically said on Sunday that some of the security instruments produced for the Nigerian market such as cheques, interest and dividend warrants had not met the stipulated standard. A […]
