Author: InvestAdvocate

Ex-trader Kerviel sentenced to 3 years in jail

    Lionel Laurent (Reuters)   Former Societe Generale trader Jerome Kerviel was sentenced to three years in jail by a Paris court on Tuesday for his role in a trading scandal and ordered to pay the French bank 4.9 billion euros (4.2 billion pounds).   The verdict came as […]

Daar Comms, post N3.54 billion loss in 2009 Audited result.

  By Yakubu LAAH investadvocate Oct 05 2010 15.12 GMT     Lagos (investadvocate)- Daar Communications Plc (Daar) has posted a N3.54 billion loss in its year 2009 Audited result released Tuesday October 05 2010 at the Floor of the Nigerian Stock Exchange (NSE) in Lagos Nigeria.     To […]

Nigeria’s Exchange Suspends 12 Insurance Companies for non-submission of 2009Annual Accounts

  October 5, 2010  The Management of the Nigerian Stock Exchange has, this morning, Tuesday October 05 2010 placed the following companies on technical suspension for failure to submit their Audited Accounts for the year ended, December 31, 2009.   This was contained in the Proshare’s official website and sourced from Cordros […]