By InvestAdvocate Lagos (INVESTADVOCATE)-News reaching us this morning says that King Abdullah of Saudi Arabia is dead, according to Saudi Press Agency. The king was reported to have died at the age of 90 and would be succeeded by Crown Prince Salman. The report say that funeral arrangements are underway […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, managing director (MD) of the International Monetary Fund (IMF) on Thursday applauded the decision of the European Central Bank (ECB) launch of an open-ended, expanded monthly 60 billion euro ($70 billion) private and public bond-buying program. “We welcome the measures announced today that […]

Despite the recent reduction in the pump price of petrol from N97 to N87 per litre, the Federal Government has claimed it still pays N2.84 as subsidy on every litre of the product consumed. According to the latest petrol pricing template published on the website of the Petroleum Products Pricing […]