Author: InvestAdvocate

IMF advises FG to remove oil subsidy

… Says elimination would ensure fiscal adjustment From ISAAC ANUMIHE, Abuja International Monetary Fund (IMF) has advised the Federal Government to remove the remaining oil subsidy, as that would help fiscal adjustments. Speaking with newsmen in Abuja, IMF’s Senior Resident Representative/Mission Chief, Williams Scott Roger, insisted that the nation required […]

$620,000 Bribe: Court Insists Lawan, Emenalo Must Face Trial

– Despite the attempts by the chairman and the secretary of the House of Representatives ad hoc committee on subsidy probe, Farouk Lawan and Emenalo Boniface respectively, to convince an Abuja High Court to quash the charges against them, the court on Friday dismissed their application, saying they must face […]

Fidelity, Skye, Wema Bank Loss to End Week

Lagos (INVESTADVOCATE)-Three (3) banks, Fidelity Bank Plc, Skye Bank Plc and Wema Bank Plc has posted losses for the week ended Friday May 10 2013 to end the week. According to the Nigerian Stock Exchange’s (NSE’s) weekly report for the period ended May 10 2013 and obtained by InvestAdvocate, the […]