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FG appoints JP Morgan as Sovereign Wealth Fund custodian

The Federal Government has appointed a leading financial services firm, JP Morgan, as the custodian of the Sovereign Wealth Fund that is expected to become fully operational by the end of March. The Chief Executive Officer, SWF, Mr. Unche Orji, disclosed this to State House correspondents at the end of […]

G-20 Projects Global Real GDP Growth of 3.5% in 2013

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Group of Twenty (G-20) has projected Global Real Gross Domestic Products (GDP) of 3.5 percent (3.5%) in year 2013. This is coming on the heels of the meetings of the G-20 Finance Ministers and Central Bank Governors in February 2013 in Moscow and a […]

Nestle Nigeria up dividend payment by 67.26% offer N18.50 kobo in 2012 end

By Our Correspondent Lagos (INVESTADVOCATE)-Food & Beverage Giant, Nestle Nigeria Plc has increased its dividend payment by 67.26 percent (67.26%) in year 2012 end. This was part of the Corporate Action of the Company in its Result Announcement released Wednesday on the Floor of the Nigerian Stock Exchange (NSE) and […]