Author: InvestAdvocate

Cypriot finance minister resigns amid crisis probe

Finance minister Michalis Sarris resigned Tuesday after less than five weeks in the job, as the government begins an investigation into how the country’s economy nearly collapsed last month. President Nicos Anastasiades accepted Sarris’ resignation, which came as Cyprus finalized the details of its bailout with international creditors. Harris Georgiades, […]

Okomuoil Up dividend by 40%, Declares N7.00, 1 for 1 Bonus

By Our Correspondent Lagos (INVESTADVOCATE)-Okomu Oil Company Plc operating in the Agriculture / Agro-Allied Sector of the Nigerian Stock Exchange (NSE) Tuesday increased its dividend payout by 40 percent (40%) as it declared a N7.00 dividend for the 2012 Audited Year End; compared to N5.00 paid in 2011 End. The […]

Nigeria’s Exchange Appoints 13 Supplemental Market Makers

By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Tuesday announced the appointment of 13 Supplemental Market Makers (SMM). According the Exchange, they received about 23 applications, after going through the process of assessing the Stockbrokers that qualify to play the role of a Supplemental Market Markers; only 13 […]