ATHENS (Reuters) – The Greek government faced possible collapse on Tuesday as ruling party lawmakers demanded Prime Minister George Papandreou resign for throwing the nation’s euro membership into jeopardy with a shock call for a referendum. Caught unawares by his high-risk gamble, the leaders of France and Germany summoned Papandreou […]

By Ify Onye InvestAdvocate Lagos (INVESTADVOCATE)-Abbey Building Society Plc (Abbey) Monday reported drop of 31.54 percent (31.54%) its Profit After Tax (PAT) in its Third Quarter Report for the period ended September 30 2011. This was contained in the Result Announcement from the Company to the Nigerian Stock Exchange (NSE) […]

The Naira weakened against the United States dollar on both the inter-bank and Central Bank of Nigeria window on Monday as demand for the greenback outstripped supply at both markets. The local currency closed at N159.52 to the dollar on the inter-bank, weaker than the N156.40 a dollar on Friday’s […]