Facebook Inc priced its initial public offering at $38 a share, giving the world’s No. 1 online social network a $104 billion valuation in the third largest offering in U.S. history. The offering puts the eight-year-old company, founded in a Harvard dorm room, a valuation akin to that of Amazon.com […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Only 49.51 percent (49.51%) of Dealing Member Firms have submitted their Quarterly Report as at May 15 2012 deadline issued by the Nigerian Stock exchange (NSE). From the Status Report by the NSE and obtained by www.investadvocateng.com, the 49.51% status represents 154 out of the […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Udoma Udoma, Chairman Nigeria’s Securities & Exchange Commission Thursday joined Arunma Oteh, Director General (DG) of the Commission to sign a Memorandum of Understanding (MoU) by Member-Countries of the Africa/Middle East Regional Committee (AMERC) of the International Organisation of Securities Commissions (IOSCO). This is contained in a […]