Author: InvestAdvocate

Honeywell Flour appoints new Director

The Exchange has been notified of the appointment Mr. Sokunbi Theophilus Oluranti unto the Board of Honeywell Flour Mills Plc., effective October 17, 2011. Oluranti, 58 years old, hails from Abeokuta, Ogun State. He graduated from the University of Ibadan with a BSc. Chemistry Degree in 1975 and obtained a […]

Greece Has No Good Options Left

The stunning decision by Greece Prime Minister George Papandreou to hold a referendum on the $178 billion European bailout package has laid bare the miserable economic options the country has in front of it. On Wednesday, Papandreou’s move to hold the referendum was swiftly rejected by a slew of Greek […]

‘New Exchange Rate Band ‘ll Preserve Forex Reserves’

The newly proposed exchange rate band of N155/156 to a dollar by the Central Bank of Nigeria (CBN) would help in preserving Nigeria’s forex reserves, the Regional Head of Research, Africa Global Research, Standard Chartered Bank, Razia Khan, has said. Khan who stated this in a note e-mailed to THISDAY […]