http://punchng.com/breaking-tsa-court-orders-seizure-of-793-2m-hidden-in-banks/

Justice Chuka Obiozor ordered the seven banks to remit the various amounts being allegedly kept illegally in their custody to the designated Federal Government’s Asset Recovery dollars account domiciled with the Central Bank of Nigeria.

The concerned banks are United Bank for Africa; Diamond Bank Plc; Skye Bank Plc; First Bank Limited; Fidelity Bank Plc; Keystone Bank Limited; and Sterling Bank Plc.

According to court papers filed by counsel for the Attorney General of the Federation, Prof. Yemi Akinseye-George (SAN), a total of $367.4m was illegally hidden by three government agencies in UBA, while a sum of $41m was illegally kept in a NAPIMS fixed deposit account with Skye Bank.

The court papers stated that $277.9m was hidden in Diamond Bank; $18.9m in First Bank; $24.5m in Fidelity Bank; $17m in Keystone Bank; and $46.5m in Sterling Bank.

fxuser:


on full bid

I remember asking folks to jump into this as all they do is just to invest in Treasury bills...

now the rates in Tbills are excellent

dipoolowoo:
UBA Cancels Staff Share Investment Trust Scheme
www.businesspost.ng/2017/07/18/uba-cancels-staff-share-investment-trust-scheme/

#Marketupdate: UBA Plc announces the crossing of 2,080,104,955 units of its ordinary shares from the Staff Share Investment Trust Scheme

holm:
http://www.nse.com.ng/Financial_NewsDocs/18730_UNITED_CAPITAL_PLC_-_Q2_JUNE_2017_FINANCIAL_STATEMENTS_JULY_2017.pdf

EPS - 33k

strip out the N1.5B extraordinary item this time last year from sale of Insurance coy...

not a bad result. but their stock broking business needs to start contributing to their bottom line. seems they are the laggards in this group

With the OPEC cuts on Nigeria Looming and the expectant Forex scarcity that will come...I hope we are all hedging our Naira assets by earning in Dollars too....

Join us to trade in Bitcoins here and earn 1% daily on your bitcoins investments....

YOU DO NOT HAVE TO REFER ANYONE TO EARN!!!

http://obibona.globalinvestmentgroup.us/

fxuser:

- Never a fan of long public holidays
- I hope d bears and bulls had enuf rest !

Really don't have issues with the holidays..... So far as my crypytocurrencies are still making money for me...

INFOTECH2:


What is the company name

Send me pm...