Author: InvestAdvocate

Governor Yuguda advocates Zero Tolerance Policy for Market infraction

By Ify Onye InvestAdvocate Lagos (INVESTADVOCATE)-Isa Yuguda, Executive Governor of Bauchi State, North-Eastern Nigeria Thursday advocated a Zero tolerance Policy for infraction in the Nigerian Capital Market (NCM). Governor Yuguda said this at the Business Hallmark Newspaper/Nigerian Stock Exchange (NSE) Public Policy Forum held in Lagos Nigeria. “For Regulators, there […]

MF Global CEO Jon Corzine resigns under fire

(Reuters) – Jon Corzine has resigned as MF Global Holdings Ltd’s chairman and chief executive, four days after the futures brokerage filed for bankruptcy protection, culminating a rapid downfall for one of Wall Street’s best-known executives. Corzine, 64, had run Goldman Sachs & Co from 1994 to early 1999, and […]

Oil prices slide on concerns about Europe

NEW YORK (AP) — Oil is falling after world leaders disagreed on further steps to deal with the European financial crisis. Benchmark crude dropped 67 cents to $93.40 per barrel in morning trading in New York, while Brent crude fell 11cents to $110.72 in London. Prices fell after leaders of […]