By Oluwole Josiah The Senate may commence investigations into allegations of reckless extrabudgetary funding of subsidies for petroleum products for the year 2011, if a motion listed on its Notice Paper on the matter comes before it on Thursday(today). Although reports available to the Senate show that N240bn was earmarked […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Ikeja Hotel Plc operating in the Hotel & Tourism Sector of the Nigerian Stock Exchange (NSE) has declared a 28 percent (28%) loss in its Unaudited First Quarter Result for the period ending March 2011. This was contained the Company’s Profit and Loss Information Wednesday to the […]

By Lesley Wroughton WASHINGTON (Reuters) – The head of the World Bank said Wednesday the world had entered a new economic danger zone and that Europe, Japan and the United States all need to make hard decisions to avoid dragging down the global economy. “Unless Europe, Japan, and the United […]