Author: InvestAdvocate

BP CEO telling Congress he’s ‘devastated’ by spill

By FREDERIC J. FROMMER and MATTHEW DALY, Associated Press Writers Frederic J. Frommer And Matthew Daly, Associated Press Writers WASHINGTON A day after agreeing to a $20 billion fund to compensate victims of the disastrous oil spill in the Gulf of Mexico, BP’s chief executive expects to tell Congress that […]

BOI Disburses N16bn to Small Businesses

From Kunle Aderinokun in Abuja The Bank of Industry (BOI) has approved loans of more than N16 billion to various cooperative groups across the country to assist small and medium entrepreneurs. The bank has also trained 10,000 small and medium entrepreneurs within the last three years on how to establish […]

Shareholders seek bonus as Abbey offers 0.4 Kobo dividend in year 2009 FYE

By investadvocate June 16, 2010- 14:20 GMT   Shareholders of Abbey Building Society Plc (Abbey) are seeking for bonus from the Primary Mortgage Institution (PMI) as the company offered investors a 0.4 Kobo dividend payout in year 2009 Financial Year End (FYE).   Sir Sunny Nwosu, National Chairman Independent Shareholders […]