…Shuns litigation notice By Our Correspondent Lagos (INVESTADVOCATE)-Fraudulent withdrawal on the savings account of a First Bank of Nigeria Plc customer, Mr. Ugwu Chukwuma, is threatening to rubbish the image of the first generation bank as the customer has moved to institute a legal action against the bank after series […]
Tag: InvestAdvocate
Nigeria’s SEC investigates pan-African Ecobank results – source
Nigeria’s securities regulator is investigating pan-African lender Ecobank over an alleged misstatement of its 2012 performance, a source at the Securities and Exchange Commission (SEC) said on Friday. Nigeria’s SEC held meetings with Ecobank’s board directors on Aug. 6 to discuss the issue, which was raised by a suspended former […]
Forte Oil Acquires Geregu Power Plant
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Forte Oil Plc said it has acquired the Geregu Power Plant under the recent privatization exercise carried out by the Bureau of Public Enterprise (BPE). The company in a notice to the Nigerian Stock exchange (NSE) said the purchase was done through the it’s subsidiary, […]
