This is a reproduction of the Press Statement by M.S.C Aviomoh, Executive Director Finance & I.T, African Petroleum PLC at the Protea Hotel Ikeja on 21st July 2010 titled: The Milking of African Petroleum Plc
June 08 2010: After several amendments, the general conditions for the listing of securities on the Egyptian Exchange have been further amended. The Egyptian Financial Supervisory Authority has approved the Egyptian Exchange's October 2009 proposal to ame
Especially for the millions of Nigerians who are, for all practical purposes, eking out a subsistence living as salaried workers or dependents on salary earners, no experience can be more traumatic than getting to your bank on a late Friday afternoon, exp
Approximately forty years ago word of the Ombudsman began to spread around the world. Today, it is so popular that everyone knows that an Ombudsman has long proven to be a most effective means of bringing back the peopleÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã
Look at any ponzy scheme, the operative word is Greed. It has been a recurring decimal through the ages, as people tended to reap bountifully out of financial designs without properly assessing the risk involved.
Before the stock meltdown last year, investing in stocks had become very popular. The interest in stock investing and awareness about the stock market increased in 2005 when banks embarked on massive promotion of their offers to raise funds for meeting th
One of the main obstacles to generating capital for investment in many developing countries like Nigeria has been lack of recognition of title to property held by the informal sector as well as government bureaucracy.
....I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin, but by the content of their character. - Martin Luther King III... but beyond that there is a new opportunity for new
Share buyback, particularly when a company\'s share price is undervalued or depressed, can provide a competitive return on investment. Apart from following SEC rules, the Nigerian Stock Exchange can support SEC by ensuring that possible abuses are minimiz
What is a class action lawsuit? A class action lawsuit is filed on behalf of a group of people who have been in some way injured by the actions of a company. It is common to see class action lawsuits filed by members of the company if hiring or salary pra
What is a Ponzi scheme? It is the name given to pyramid selling in the US. A Ponzi scheme uses cash from new customers or investors to pay returns to existing investors. It does little legitimate business, but just recycles money. The scheme depends on a
Warren Buffett is widely considered to be one of the greatest investors of all time, but if you were to ask him who he thinks is the greatest investor he would probably mention one man: his teacher, Benjamin Graham. here is what he taught him..
BERKELEY, California (CNN) -- Every time the economy and stock market turn down, financial historians get predictable calls from reporters. Barry Eichengreen says strong action should be taken to stop the financial crisis from getting worse.
Destination branding tinkers with the identity of the place in question. It offers a deliberate and systematic communication by creating an image and building a perception of trust, credibility and the specific niche the destination has to offer.
e-Dividend refers to the payment of dividend due to a shareholder through a direct credit into his or her nominated bank account rather than issuance of cheque or warrant. It is convenient, secure, online means of paying dividends directly to the sharehol
.....we recommend that retail investors should also begin to look for buying opportunities in the market immediately; waiting until next year may be a bit too late to find bargain opportunities - Nigerian Securities LLC
What is the difference between someone who is merely speculating or gambling, and someone who is actually investing? What therefore informed the decisions of those who invested in Transcorp at N7.50? Although some now say Transcorp is a stock of the futur
e-Dividend is the direct payment of dividends into shareholders accounts within 24 hours of declaration by a quoted company. e-Bonus is the direct crediting of bonus shares into shareholders CSCS accounts.
Christopher Gardner is the owner and CEO of Christopher Gardner International Holdings with offices in New York, Chicago, and San Francisco. Conquering grave challenges to become a successful entrepreneur, Gardner is an avid motivational and aspirational
There are good and bad sides of credit and when it comes to stock market investing, you cannot really be sure on which side you are until you are completely out of debt. Mike Uzor, CEO of Datatrust shares with us perspectives on the subject...........
Because share prices respond to a whole lot of changes and developments surrounding markets and company operations, you can never be sure you are right or wrong on your stock pick until the price begins to move after you buy.
If Nigeria has the expertise to manage this wealth, Nigeria will in the long run, benefit from it. The techniques are of managing such wealth are much the same with that of a portfolio on the basis of returns - Omoh Gabriel, Business Editor, Vanguard
It is best to describe this model by using an example. Assume that a stock is paying $2.00 per year in dividends, growing at 3.5% per year. The so-called variable item in this example is the investors required rate of return, which we will assume is 12.4%
Impact analysis of decision to sell off UBA shares before Bonus date for an public Offer Investor. Two more scenarios will be dealt with at the Thursday, June 26, 2008 Analyst Seminar by Proshare/investIQ.......
Investors can buy stocks with their own cash or borrow part of the cost, leveraging the transaction. Leverage is accomplished by buying on margin, which means the investor pays for the stock with some cash and borrows the rest through the broker, putting
In the last few days, the Nigerian Capital market has witnessed a series of interventions and market directives that should take some days to fully digest. Knowing how to interpret these signals becomes relatively easy once the investor psychology that fo