Author: InvestAdvocate

Senate: NNPC Fails to Submit 10-Year Annual Budget

  From Kunle Aderinokun in Abuja, 07.26.2010    The Senate Committee on Petroleum Upstream said at the weekend that the Nigerian National Petroleum Corporation (NNPC) failed to meet the deadline for submission of its annual budgets from 1999 to date and the law authorizing it to make releases of funds […]

Skye Shelter Fund pays N7 dividend for 2009

  MONDAY, 26 JULY 2010 00:00 BY MOSES EBOSELE    Skye Shelter Fund at the weekend announced plans to pay N7 dividend to its unit holders for the year ended December 31, 2009, compared with N4.65 paid within the same period in 2008.The management of Skye Shelter explained that despite […]

Fresh succession crisis hits Nigerian Stock Exchange

  MONDAY, 26 JULY 2010 01:20           A fresh succession crisis has gripped the Nigerian Stock Exchange (NSE) after it became evident yesterday that there has been growing disaffection following the failure of Ndidi Okereke-Onyiuke, director-general, to formally tender her notice of retirement.   Trading will open today on the […]