Author: InvestAdvocate

Take Advantage of Unity Bank’s Offer, Brokers Tell Investors

  By Goddy Egene, 07.21.2010    Stockbrokers yesterday urged existing and potential  investors in Unity Bank Plc to take  advantage of the ongoing Rights Issue of the bank to increase their holdings in order to benefit from the bright future prospects.   The brokers, who spoke during the facts-behind-the-offer presentation […]

CBN: Federally-collected Revenue Drops 20% in April

  By Emele Onu, 07.21.2010    Nigeria’s total federally-collected revenue dropped by 19.9 per in April, 2010 against the monthly budget estimate for the year, the Central Bank of Nigeria (CBN) said in its Economic Report for April, 2010 released yesterday.“The country generated an estimated N537.74 billion, representing a shortfall […]

Oil prices hover below $77 amid mixed signs on economy

  WEDNESDAY, 21 JULY 2010    Oil prices hovered below $77 a barrel yeterday as traders awaited corporate earnings reports for clues about the strength of the global economy and the outlook for energy demand.By early afternoon in Europe, benchmark crude for August delivery was down 18 cents to $76.36 […]