JPMorgan Chase & Co (JPM) has picked Lee Raymond, ex-chief executive officer of Exxon Mobil Corp (XOM), to head an inquiry by company directors into losses in a credit derivative portfolio run by its London-based Chief Investment Office, according to a source familiar with the matter. The company’s board also […]
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LASG restates determination to meet housing needs
Lagos State Government says it is making concerted efforts to meet the housing needs of the residents of the state as part of its efforts to fulfill electoral promises. Commissioner for Housing, Bosun Jeje, who stated this on Friday during an inspection tour of Ejirin, Lagos, said housing was one […]
NSE adjusts three equities’ prices for dividend
The Nigerian Stock Exchange has adjusted the prices of three equities for dividend payment. The NSE’s report for the week ended August 17, 2012, said the decision to adjust the prices followed the recommendation of the boards of the companies. The companies affected were Scoa Nigeria Plc; Flour Mills of […]
