Author: InvestAdvocate

Afrinvest To Trade IGI, Geo-Fluids Shares On NASD-OTC

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Afrinvest Securities Limited said Monday it will commence trading on the shares of Industrial and General Insurance Plc (IGI), Geo-Fluids and four (4) other unlisted companies through the National Association of Securities Dealers Plc (NASD) Over-the-Counter (OTC) trading platform. Afrinvest said in a notice made […]

First Bank Renege on Agreement, Owe N3 million Rent

By Our Correspondent Lagos (INVESTADVOCATE)-First Bank of Nigeria Plc (FBN) owes the sum of about N3.0 million on rents from December 2010 to date. This is coming on the heels of a 50 years lease from late Madam Soyoyo effective December 1960 to December 2010. The property in question is […]

FOREX-Dollar eases vs yen, hovers below recent 3-week high

* Dollar/yen hovers below Friday’s near 3-week high * Euro holds steady, dollar index little changed * Data on U.S. durable goods due later on Monday The dollar eased versus the yen on Monday, having backed away from Friday’s near three-week high after data showed a steep drop in U.S. […]