Author: InvestAdvocate

Okereke-Onyuike blames her sack on politics

  By Ini Ekott August 12, 2010 12:35AM   Ndidi Okereke-Onyuike has said the allegations of fraud which led to her sack as head of the Nigerian Stock Exchange last week were politically motivated.   Ms Okereke-Onyuike and the former president of the Exchange, Aliko Dangote, who was also fired […]

Oil prices slump on falling stocks

  THURSDAY, 12 AUGUST 2010    World oil prices fell yesterday (Wednesday), in line with tumbling global equity markets, as investors set aside a positive report of International Energy Agency (IEA) on demand.Brent North Sea crude for delivery in September sank $1.38 to $78.22 a barrel in late afternoon London […]

Staco Insurance settles N726.9 million claims

  THURSDAY, 12 AUGUST 2010    Staco Insurance Plc has paid total claims worth over N726.9 million in its seven months of operations this year to its numerous customers and clients in various classes of general insurance business. This figure represents a percentage increase of about 6.5 per cent over […]