Author: InvestAdvocate

AfDB portfolio in Nigeria hits $4.5bn

By Ifeanyi Onuba, Abuja Tuesday, 23 Nov 2010 The African Development Bank, on Monday, said that since inception in 1963, it had so far committed the sum of $4.5bn to infrastructural development in Nigeria. Out of this amount, it said that $3.5bn was accessed by the country under the ADB window, […]

Okereke-Onyiuke’s removal: We acted within our powers – SEC

By Yemi Kolapo Tuesday, 23 Nov 2010 The Securities and Exchange Commission said on Monday that it complied strictly with the provisions of the Investments and Securities Act in removing the former Chief Executive Officer of the Nigerian Stock Exchange, Prof. Ndi Okereke-Onyiuke. The commission also said that it had not […]

FG targets N7.2tn revenue in 2011

By Ifeanyi Onuba, Abuja Tuesday, 23 Nov 2010 The Federal Government is targeting a gross federally- collectible revenue of N7.2tn for the 2011 fiscal year. It also projected the sum of N7.82tn and N8.17tn as gross revenue for the 2012 and 2013 fiscal periods, respectively. Of these amounts, N2.47tn will be […]