Author: InvestAdvocate

Pending Home Sales Fall Due to Dwindling Supply

Signed contracts to buy existing homes fell 4.3 percent in December from the previous month, according to a monthly index from the National Association of Realtors. That missed analysts’ expectations of a one A model home sits for sale in Carlsbad, California. REUTERS/Mike Blakepercent gain. The index is 6.9 percent […]

Mansard recorded N10bn gross premium in Q3 2012

Mansard Insurance Plc has said it recorded N10bn gross premium in the third quarter of 2012, from N10bn in the whole of 2011. In a statement on Friday, the firm said it recorded eight per cent increase in profit by September 2012 after it changed to its new name. According […]

Flour Mills set to merge with Niger Mills

Flour Mills of Nigeria Plc has announced plans to merge with one of its subsidiaries, Niger Mills Company Limited. A statement on Friday, stated that it held 99.97 per cent equity in Niger Mills, and the proposed merger would facilitate the consolidation of the companies’ operations and processes into a […]