Author: InvestAdvocate

Eurozone ministers OK $10.7 billion Greek loan

Eurozone ministers threw a lifeline to Greece on Tuesday as they scrambled to prevent financial chaos from spreading further and driving Europe’s common euro currency into a catastrophic breakup. The monthly meeting of 17 nations was dominated by attempts to keep Greece afloat and find enough money to coat a […]

Market infraction: Nigeria’s Exchange issues conflicting Reports

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – There are indications that the Nigerian Stock Exchange (NSE) Tuesday issued conflicting reports over the rate of Market infractions/ Complaints on its Exchange in its 2010 Annual Report and Accounts obtained by www.investadvocateng.com. At its 50th Annual General Meeting (AGM) held in Lagos […]

Nigeria withdraws $2 bln from oil savings: finance

Nigeria has withdrawn $2 billion from its crude oil savings for ‘various projects’ and distributed more money in October to the three tiers of government than the previous month, the minister of state for finance said on Monday. Yerima Ngama told reporters that 615.76 billion naira was distributed from federal […]