Archive for the 'Latest News' Category

Investments should not be based on profits –Experts

April 22, 2008

Stockbrokers have called on investors to be cautious when they want to take investment decisions.
According to the General Manager/Chief Operating officer, Centrepoint Securities Limited, Mr. Jire Oyewale, investments in shares should not be based solely on profits declared by companies.
Oyewale, who spoke to our correspondent on Monday noted that it was the duty of stockbrokers [...]

Divestment plan: Exchange places Chevron on full suspension

April 22, 2008

Tuesday, April 22, 2008

FOLLOWING plans by Chevron Corporation USA to divert its holding from Chevron Oil Nigeria Plc, the Nigerian Stock Exchange’s management yesterday placed the company’s stock on full suspension.
With the development, trading on the company’s stock would be suspended forthwith until information on the purported divestment is made available to [...]