The Executive Chairman, Federal Inland Revenue Service, Mrs. Ifueko Omoigui-Okauru, has said that lack of knowledge and low level of professional portfolio management services are partly responsible for the stock market’s crash of 2008 and 2009. She stated this during the maiden national conference of the Portfolio Management Institute, titled, […]

In this interview with PETER OBIORA and IFY ONYE of Investadvocate, Boniface Okezie, National Chairman of the Progressive Shareholders Association of Nigeria (PSAN) reacted to questions on the current Market trend and some of the reforms announced by the new Management of the Nigerian Stock Exchange. Excerpt: The year is […]

OMAHA, Neb. (AP) — Investor Warren Buffett says his company bought about $10.7 billion of IBM stock this year, giving it a stake of more than 5 percent in the technology company. Buffett revealed the investment during an interview on CNBC on Monday. Buffett’s company, Berkshire Hathaway Inc., planned to […]