Author: InvestAdvocate

SEC Unveils Approved New Rules/Amendments

May 30, 2014/SEC A.   RULE ON INFRASTRUCTURE FUNDS  1. DEFINITION For the purposes of this Rule, unless the context otherwise requires-  “Hurdle Rate” means the minimum rate of return on investment necessary to cover all costs associated with the Fund;  “Infrastructure Capital Company” means a company or companies whether private […]

12 Listed Companies Paid Dividend in May 2014

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – 12 listed companies on the Nigerian stock exchange (NSE) paid dividend to its shareholders in the month of May 2014. Research from Investment One Financial Services shows that beverage makers, Nestle Nigeria Plc emerged the highest paying dividend with N24.00, followed by Dangote […]

Great Expectations as Emefiele’s Tenure Begins

The Nigerian financial industry will enter a new phase this week as both local and international economic communities await the inauguration of the new Central Bank of Nigeria Governor, Mr. Godwin Emefiele, whose tenure as managing director/chief executive of Zenith Bank Plc ended effectively last Friday, reports Festus Akanbi It […]