Posted by: in Forex Tips, tags: Bank Plc, Efcc, Excerpt, Federal High Court, Financial Crimes, Forex, General Managers, Government Agencies, News Sources, Nigeria Scam, Ogwa, Police News, Proper Investigation, Spring Bank, Sterling Bank, Steve Sterling
News Sources wrote an interesting post today on
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Lagos — Determined to ensure proper investigation by the police and the Economic and Financial Crimes Commission (EFCC) into a N150 million forex scam involving one of its General Managers, Mr Steve Ogwa, Sterling Bank Plc has dragged the two government agencies before a Federal High Court sitting in Lagos.
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Posted by: in Forex Tips, tags: 13 News, Asian Equity, Bank Plc, Bil, Europe, Excerpt, Futures, Gbp, Gold, Investors, Lloyd, Market News, Marketplace, Nervousness, News Sources, Pairs
News Sources wrote an interesting post today on
Here’s a quick excerpt
Good Morning: Reports circulated in the marketplace that Lloyd’s Bank PLC may write down 13 Bil GBP for the first half of 2009. This report added to the movement in all the GBP pairs. The EUR/USD touched the 1.3990 range overnight-but has since settled into the 1.3950 range. Asian equity markets were lower-Europe is higher-and US Futures are slightly lower this morning. Oil is trading below $60/bar and Gold is in the $912/oz range. Investors nervousness is centered by the concern that t
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