Ina Drew, the former JPMorgan Chase & Co (JPM.N) executive who earned millions while in charge of the unit that made the disastrous “London whale” trades, on Friday refused to accept responsibility for the $6.2 billion in losses revealed last year. Testifying before a Senate panel, the former chief investment […]
Author: InvestAdvocate
NSE All-Share Index Appreciates by +0.31% to Close Week
By Richard ABANGWU Investadvocate Lagos (INVESTADVOCATE)-The Equities Market on the Nigerian Bourse Friday closed on a positive note for the week ended March 15 2013 as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by +0.31 percent (+0.31%). The NSE ASI closed at 32,950.08 points, compared with the depreciation […]
Nigeria revenues take hit from oil theft, delays
Nigeria received gross revenues of 571.7 billion naira in February, lower than the previous month’s revenues of 651.3 billion naira, owing to delayed oil revenues and lower production caused by pipeline vandalism, the accountant general said on Thursday. Accountant General Jonah Otunla said the fall was partly owing to delays […]

