Author: InvestAdvocate

BP puts Bob Dudley in key Gulf clean-up role

  By ROBERT BARR, Associated Press Writer LONDON – Embattled Englishman and CEO Tony Hayward on Wednesday handed over BP’s handling of the Gulf of Mexico oil spill to an American executive brought up in one of the states affected by the disaster. BP PLC confirmed that Bob Dudley is […]

Tier 2 Banks Not Fairly Valued -Renaissance Capital

  By, 06.22.2010    Renaissance Capital Limited has said that the current valuation gaps between the first four banks in Nigerian and the tier two banks is not justifiable as the only difference between them can only be explained by liquidity.      The Russian investment firm, which made this […]

Oil prices continue to fall, as survey forecasts rebound this week

  MONDAY, 21 JUNE 2010   Crude oil futures fell for a second day to trade around $ a 76barrel in New York as the dollar strengthened and concerns persisted that fuel supplies in the U.S. are excessive.     Crude may advance next week after U.S. gasoline consumption climbed […]