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Financial services news

Tuesday, November 10, 2009. STOCKBROKER DISOWNS BANK PHB EX-CEO OVER N4BN LOAN. Fresh facts emerged yesterday that the embattled ex-Managing Director of Bank PHB, Mr. Francis Atuche and the detained Managing Director of Falcon Securities Limited, Mr. Peter Ololo, have clashed over alleged non-performing loan of N4billion. It was also learnt that Atuche may face fresh charges on alleged laundering of about N14.9billion. Ololo claimed that his signature and account records were forged. He said other si...

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Financial services news | futureviewnewsupdate.blogspot.com Reviews
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Tuesday, November 10, 2009. STOCKBROKER DISOWNS BANK PHB EX-CEO OVER N4BN LOAN. Fresh facts emerged yesterday that the embattled ex-Managing Director of Bank PHB, Mr. Francis Atuche and the detained Managing Director of Falcon Securities Limited, Mr. Peter Ololo, have clashed over alleged non-performing loan of N4billion. It was also learnt that Atuche may face fresh charges on alleged laundering of about N14.9billion. Ololo claimed that his signature and account records were forged. He said other si...
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Financial services news | futureviewnewsupdate.blogspot.com Reviews

https://futureviewnewsupdate.blogspot.com

Tuesday, November 10, 2009. STOCKBROKER DISOWNS BANK PHB EX-CEO OVER N4BN LOAN. Fresh facts emerged yesterday that the embattled ex-Managing Director of Bank PHB, Mr. Francis Atuche and the detained Managing Director of Falcon Securities Limited, Mr. Peter Ololo, have clashed over alleged non-performing loan of N4billion. It was also learnt that Atuche may face fresh charges on alleged laundering of about N14.9billion. Ololo claimed that his signature and account records were forged. He said other si...

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1

Financial services news: BOND MARKET THRIVES OVER EQUITIES

http://futureviewnewsupdate.blogspot.com/2009/11/bond-market-thrives-over-equities.html

Friday, November 6, 2009. BOND MARKET THRIVES OVER EQUITIES. Investors' confidence in the Federal Government of Nigeria's (FGN) bonds has been growing in the last 10 months. On the other hand, activities at the equity market dipped by 51 per cent in the last 10 months comparable same period in 2008. Total turnover of 85.94 billion shares worth N582 billion was recorded, against the 175.5 billion units valued at N2.3 trillion in the comparable period during 2008. OPERATORS CAUSED STOCK CRASH - OTEH. Ms Ot...

2

Financial services news: GUINEA INSURANCE, OTHERS PRESENT RESULT TO NSE

http://futureviewnewsupdate.blogspot.com/2009/11/guinea-insurance-others-present-result.html

Monday, November 9, 2009. GUINEA INSURANCE, OTHERS PRESENT RESULT TO NSE. Has announced gross premium of N935.5 million, over a profit after tax of N75.3 million for its financial year ended December 31, 2008. The date of closure of register for member is stated as November 30, 2009. Audited result of Inter Linked Technologies Plc. First City Monument Bank Plc's. Unaudited result for the half year ended October 31, 2009 showed gross earnings of N35.2 billion as against N40.8 billion recorded in t...For t...

3

Financial services news: Finding a credible buyer - NITEL

http://futureviewnewsupdate.blogspot.com/2009/11/finding-credible-buyer-nitel.html

Friday, November 6, 2009. Finding a credible buyer - NITEL. June 6, 2009 11:23AMT. Five companies are bidding to acquire the state-owned Nigerian Telecommunications Limited and its mobile arm M-TEL. The information emerged shortly after the government reversed the sale of both companies to Transnational Corporation of Nigeria Plc. 8220;At the expiration of the May 30th deadline, we received about five envelopes but we haven’t opened the envelopes,” he said. Mike Adenuga, the chief executive officer of Gl...

4

Financial services news: Bank PHB ex-MD in fresh N15b scam

http://futureviewnewsupdate.blogspot.com/2009/11/bank-phb-ex-md-in-fresh-n15b-scam.html

Friday, November 6, 2009. Bank PHB ex-MD in fresh N15b scam. Mber 1, 2009. The Economic and Financial Crimes Commission (EFCC) might file fresh money laundering charges against the sacked Managing Director of Bank PHB, Mr Francis Atuche, following the discovery of about N15 billion he allegedly transferred abroad illegally. Source: http:/ www.sunnewsonline.com/webpages/news/national/2009/nov/01/national-01-11-2009-010.html. Subscribe to: Post Comments (Atom). View my complete profile.

5

Financial services news: STOCKBROKER DISOWNS BANK PHB EX-CEO OVER N4BN LOAN

http://futureviewnewsupdate.blogspot.com/2009/11/stockbroker-disowns-bank-phb-ex-ceo_10.html

Tuesday, November 10, 2009. STOCKBROKER DISOWNS BANK PHB EX-CEO OVER N4BN LOAN. Fresh facts emerged yesterday that the embattled ex-Managing Director of Bank PHB, Mr. Francis Atuche and the detained Managing Director of Falcon Securities Limited, Mr. Peter Ololo, have clashed over alleged non-performing loan of N4billion. It was also learnt that Atuche may face fresh charges on alleged laundering of about N14.9billion. Ololo claimed that his signature and account records were forged. He said other si...

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Financial services news

Tuesday, November 10, 2009. STOCKBROKER DISOWNS BANK PHB EX-CEO OVER N4BN LOAN. Fresh facts emerged yesterday that the embattled ex-Managing Director of Bank PHB, Mr. Francis Atuche and the detained Managing Director of Falcon Securities Limited, Mr. Peter Ololo, have clashed over alleged non-performing loan of N4billion. It was also learnt that Atuche may face fresh charges on alleged laundering of about N14.9billion. Ololo claimed that his signature and account records were forged. He said other si...

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