Author: InvestAdvocate

Jonathan Summons Emergency FEC Meeting as Protests Spread

President Goodluck Jonathan As protests and demonstrations broke out in many states yesterday over the deregulation of the pricing of petrol – leading to the death of a protester in Ilorin, Kwara State – President Goodluck Jonathan has called an emergency session of the Federal Executive Council (FEC). The agenda […]

Auditor General alleges distortions in Federation Account

The Auditor General of the Federation (AGF) Samuel Ukura has alleged that the management of the Federation Account leaves much to be desired.  In the 2009 yearly report, which is before the National Assembly, the AGF alleged illegal conversion of equity and missing records of some huge financial transactions.  In […]

Lafarge Wapco Cement appoints new MD/CEO

Lafarge Cement WAPCO Nigeria Plc, a leading cement manufacturing Company has announced the appointment of its new Managing Director and Chief Executive Officer, Mr. Joe Hudson. According to a statement by the company on Tuesday, Hudson succeeds Mr. Samy Abdelkader, who has taken up another role within the Lafarge Group. […]