By Ify Onye InvestAdvocate Lagos (INVESTADVOCATE)-Paints & Coatings Manufacturers Plc listed on the Chemical and Paints Sector of the Nigerian Stock Exchange (NSE) Wednesday declared a 74.6 percent (74.6%) decline in Turnover in its Third Quarter (Q3) Report for the period ended September 30 2011. This was contained in the […]
Author: InvestAdvocate
Fired CEO of Olympus speaks with investigators
TOKYO (AP)  The former chief executive of Olympus Corp. met with Tokyo prosecutors Thursday as they probe the Japanese camera and medical equipment maker’s coverup of investment losses. A day later he plans to confront the Olympus directors who sacked him for questioning dubious deals. Japanese NHK TV showed […]
Banks may reduce lending rate by 30% in 2012
Indications have emerged that the 24 Deposit Money Banks in the country may reduce their lending rate by 30 per cent as from next year. Our correspondent gathered from a reliable source at the Bankers Committee, that the banks had unanimously endorsed an initiative by the Central Bank of Nigeria […]

