Author: InvestAdvocate

PenCom gets interim head

Following the expiration of the tenure of the chairman and executive members of the board of the National Pension Commission on December 16, 2012, the Secretary to the Government of the Federation, Pius Anyim, has directed that the affairs of PenCom be handed over to Mrs. Chinelo Anohu-Amazu, who is […]

US housing starts slowed to 861K in November

U.S. builders broke ground on fewer homes in November after starting work in October at the fastest pace in four years. Superstorm Sandy likely slowed starts in the Northeast. The Commerce Department said Wednesday that builders began construction of houses and apartments at a seasonally adjusted annual rate of 861,000. […]

Facebook CEO Zuckerberg donating $500M in stock

Facebook CEO Mark Zuckerberg said he is donating nearly $500 million in stock to a Silicon Valley charity with the aim of funding health and education issues. Zuckerberg donated 18 million Facebook shares, valued at $498.8 million based on their Tuesday closing price. The beneficiary is the Silicon Valley Community […]