Author: InvestAdvocate

Chams Plc reports N2.87 billion loss in 2009 Audited Year End

  By Peter OBIORA investadvocate Sept 29 2010 12.00 GMT     Chams Plc quoted in the Information and Communication Technology (ICT) sector of the Nigerian stock Exchange (NSE) has reported a N2.87 billion loss in its Audited Report for the period ended December 31 2009.     The company […]

Four banks disburse $71m cabotage fund

  Thursday, 30 September 2010 By David Ogah   SHIPPING companies that applied for vessel acquisition loans under the nation’s Cabotage Vessel Financing Fund (CVFF) may soon access the facility as the Nigerian Maritime Administration and Safety Agency (NIMASA) had already transferred $71 million (N11.06 billion) to four commercial banks […]

Ikhazobo links stock market downturn to liquidity squeeze

  -Council prunes applicants to 119 Thursday, 30 September 2010  By Helen Oji   THE Interim Administrator of the Nigerian Stock Exchange (NSE), Mr. Emmanuel Ikhazobo, has attributed the consistent lull in the stock market to liquidity squeeze in the system.   Ikhazobo, in an interview with The Guardian, explained […]