Author: InvestAdvocate

Sanusi’s N1.0 billion Abuja Home a Hoax-CBN

By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Wednesday said the report being circulated by Members of the public that Sanusi Lamido Sanusi, Governor of Nigeria’s Central Bank is a hoax. This was contained in a Statement by Mohammed Abdullahi, Head, Corporate Communications of the CBN and obtained by […]

Goldman CEO can testify in insider case: judge

Goldman Sachs Group Inc Chief Executive Officer Lloyd Blankfein may be asked to testify in a market regulator’s insider-trading case against a former director of the Wall Street bank, a judge ruled. The U.S. Securities and Exchange Commission has accused Rajat Gupta, a former board member at Goldman and Procter […]

Nigerian-German Chemical post N153.1 million in Q2 of 2011

By Ify Onye InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian German Chemicals Plc Wednesday reported a Loss of N153.120 million in its Second Quarter for the Period Ended September 30 2011. To record the Loss, Profit After Tax (PAT) of the Company was N145.897 million in the Q2 of 2010 compared to a negative […]