Author: InvestAdvocate

GM CEO Akerson to exit in January, Barra to take his place

General Motors Co on Tuesday said Chief Executive Dan Akerson will step down next month and be replaced by Mary Barra, the company’s global product development chief, marking the first time a major U.S. automaker has been led by a woman. The company said in a statement that Akerson, who […]

Russia Growth Slow, GDP Projected to 2% in 2014

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Tuesday said that Russia’s economic growth has continued to slow and had projected a Gross Domestic Product (GDP) of two percent (2%) in 2014. This is coming on the heels of a mission to the Russian Federation by the IMF […]

X-Compliance Boosting Corporate Governance in Nigerian Capital Market

          By  Peter OBIORA Introduction Following the introduction of the X-Compliance Report by the management of the Nigerian Stock Exchange (NSE) in 2012, about 70 percent of quoted companies and stock broking firms are now filing their quarterly, half yearly and yearly audited accounts promptly. Apart […]