Author: InvestAdvocate

Oteh’s one-day food bill stirs fresh controversy

A receipt obtained by THE PUNCH on Tuesday revealed how the Director-General, Securities and Exchange Commission, Ms. Arumah Oteh, allegedly spent the sum of N850,000 at the Transcorp Hilton Hotel, Abuja. There were, however, discrepancies in the figures on the receipt. The receipt, which was dated March 24, 2010, was […]

Greif Nigeria propose 30 Kobo dividend in 2011 end

By InvestAdvocate Lagos (INVESTADVOCATE)-Greif Nigeria Plc Tuesday proposed to reward investors of the Company with a dividend of 30 Kobo in its 2011 Audited Year End. Greif Nigeria in its Corporate Actions to the Nigerian Stock Exchange (NSE) affirmed that closure date of Register for shareholders whose names appears on […]

Nigeria’s Central Bank retains Interest Rate at 12%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Central Bank Tuesday retained its Interest Rate at 12 percent (12%) as part of the decisions taken at its Communiqué No. 82 of the Monetary Policy Committee Meeting of Monday and Tuesday March 19 and 20, 2012. The Central Bank of Nigeria (CBN) retained […]