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Enterprise Bank sacks 150 workers

Enterprise Bank Limited, one of the nationalised banks, has retrenched about 150 workers. Checks by the News Agency of Nigeria  on Monday showed that the affected workers were part of… Read more »

NSE to sanction operators for client account mismanagement

The Nigerian Stock Exchange has warned dealing member firms against violating client account management guidelines. According to the NSE, operators that violate the guidelines will be suspended from trading activities,… Read more »

JPMorgan $13 billion mortgage settlement expected Tuesday: sources

  JPMorgan Chase & Co (JPM.N) is expected to sign a $13 billion agreement with the U.S. government on Tuesday to settle claims it overstated the quality of mortgages sold… Read more »

Ex-JPMorgan ‘Whale’ trader to resist U.S. extradition

Ex-JPMorgan employee Javier Martin-Artajo, indicted by a U.S. grand jury in relation to the bank’s “London Whale” trading scandal, on Friday told Spain’s High Court he did not want to… Read more »

UBA Partners Nigeria Police on Anti-crime Campaign

Press Release The Inspector-General of Police, IGP MD Abubakar, supported by United Bank for Africa (UBA) Plc, on Wednesday, unveiled an electronic anti-crime campaign jingle to air on national radio… Read more »

IBORI: London Trial In Dramatic End For Lack Of Evidence

The London Metropolitan Police admitted in open court on the very last day of the assets confiscation trial, today, that they lacked enough evidence to support their allegations of fraud,… Read more »

Ibori gave me $15m bribe in bag -Ribadu

Desperate to halt a probe into his finances, former Delta State Governor James Ibori tried to bribe anti-corruption boss Nuhu Ribadu in 2007 with $15m in cash in a bag… Read more »

First Bank Renege on Agreement, Owe N3 million Rent

By Our Correspondent Lagos (INVESTADVOCATE)-First Bank of Nigeria Plc (FBN) owes the sum of about N3.0 million on rents from December 2010 to date. This is coming on the heels… Read more »