Author: InvestAdvocate

Senate C’ttee Mulls Unclaimed Dividends Fund

  By Goddy Egene, 07.06.2010   The Senate Committee on Capital Market is currently scrutinising a proposal to set up a body to be saddled with the responsibility of managing unclaimed dividends in the nation’s capital market, a member of the committee told THISDAY last Monday.     Unclaimed dividends […]

FG’s spending on fuel subsidy hits N120bn

  By Martin Ayankola Tuesday, 6 Jul 2010      The Federal Government‘s spending on fuel subsidy has hit N120bn, our correspondent has gathered.It was learnt that the amount was the total expenditure on subsidy between the first and second quarters of the year.   A top official in one of […]

IMF wants bank levy triple the size of Osborne’s bailout tax

  By July 6, 2010    The International Monetary Fund is pressing for Britain’s banks to pay an annual levy of up to £6bn, to protect against the impact of future crises and curb the more reckless behaviour of the industry, far higher than George Osborne’s plan for a £2bn […]