Author Archives: InvestAdvocate

Banks Step Up Activities

  By Emele Onu, 07.06.2010    Global economic activity, which started recovering in the second half of 2009, evolved better than expected this year, according to reports released in May,… Read more »

REIT as Alternative Investment Window

    By Eromosele Abiodun, 07.06.2010    When three Boston money managers pooled their funds in 1924, the first mutual fund was born. In the subsequent nine decades, that simple… Read more »

SEC Lauded on Improved Disclosure by Forms

  By Goddy Egene, 07.06.2010    A leading shareholder activist and founding member of the Nigeria Shareholders Solidarity Association (NSSA), Alhaji Gbadebo Olatokunbo, has commended the  Securities and Exchange Commission… Read more »

Senate C’ttee Mulls Unclaimed Dividends Fund

  By Goddy Egene, 07.06.2010   The Senate Committee on Capital Market is currently scrutinising a proposal to set up a body to be saddled with the responsibility of managing… Read more »

FG’s spending on fuel subsidy hits N120bn

  By Martin Ayankola Tuesday, 6 Jul 2010      The Federal Government‘s spending on fuel subsidy has hit N120bn, our correspondent has gathered.It was learnt that the amount was the… Read more »

IMF wants bank levy triple the size of Osborne’s bailout tax

  By July 6, 2010    The International Monetary Fund is pressing for Britain’s banks to pay an annual levy of up to £6bn, to protect against the impact of… Read more »

Salary increase may cause inflation -MPC •As external reserves decline by $25bn •Declining rese

  Written by Samuel Ibiyemi and Gbola Subair, Abuja Tuesday, 06 July 2010   The Monetary Policy Committee has said that  the proposed salary increase for the civil servants had… Read more »

Oil spill: Shell to pay N15.4bn

  Jul 6, 2010 By Innocent Anaba   Asaba— A Federal High Court, yesterday, awarded N15.4billion as special and punitive damages against Shell Petroleum Development Company of Nigeria Limited, SPDC,… Read more »

CBN governor sees money supply, credit growth challenges

  TUESDAY, 06 JULY 2010 01:20         Central Bank of Nigeria (CBN) governor, Sanusi Lamido Sanusi, said on Monday negative growth in money supply and credit to the… Read more »

Manufacturing gets CBN’s N150b push

  TUESDAY, 06 JULY 2010 FROM ALIFA DANIEL, TERHEMBA DAKA AND MATHIAS OKWE, ABUJA   The comatose manufacturing sector is to receive a N150 billion life-line from the Central Bank… Read more »