By , 07.28.2010  The Department of Petro-leum Resources (DPR) has raised the alarm over the declining rate of Nigeria’s crude oil reserves, saying it has dropped by 1.6 billion barrels (about 4.79 per cent) in just one year.The drop is due to declining exploration activities and full field studies […]
Author: InvestAdvocate
Wrong People Can’t Buy Banks
By Emele Onu, 07.28.2010  Central Bank of Nigeria (CBN) said yesterday in Lagos that while it ensures that all parties are carried along in the recapitalisation of the banks, it has a duty to ensure that wrong persons do not buy or take over the institutions.CBN Deputy Governor, […]
Champion Breweries reports N1.015 billion loss in 2009 FYE
  By Peter OBIORA investadvocate July 27, 2010 16:00 GMT  Champion Breweries Plc, operating in the Breweries sector of the Nigerian Stock Exchange has reported a Loss of N1.015 billion in its Profit/Loss After Tax (P/LAT) for the period ended December 31 2009.  The result released […]

