Author: InvestAdvocate

ETI’s 3.13 billion shares admitted into DOL

The Nigerian Stock Exchange has admitted Ecobank’s Transnational Incorporated’s 3.13 billion ordinary shares of 50 kobo each into its Daily Official List. The NSE’s report for the week ended September 6, 2013 noted that the equities were added to the company’s shares outstanding and were admitted for trading on the […]

Freeh: Some corruption in BP settlement program

Freeh: Plot to corrupt BP settlement program doesn’t warrant halt in payments to spill victims An independent probe led by former FBI Director Louis Freeh found evidence of a plot by lawyers to “corrupt” the BP settlement program but nothing that warranted shutting down payments to victims of the company’s […]

Nigeria’s GDP Grows by 6.7% in Q2 2013

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Gross Domestic Product (GDP) grew by 6.7 percent (6.7%) in the second quarter (Q2) of 2013. According to available data from the National Bureau of Statistics (NBS) this is 1.51% higher than 6.6% recorded in the in the preceding quarter. NBS said the development […]