Emirates Telecommunications Corp., (ETISALAT) the most valuable listed company in the United Arab Emirates, signed a 3.15 billion-euro ($4.36 billion) deal with 17 banks to fund its acquisition of Vivendi SA (VIV)’s stake in Maroc Telecom. The funding includes a 12-month bridge loan of 2.1 billion euros priced at 45 […]
Author: InvestAdvocate
Greif Nigeria up Dividend 100% offers Shareholders 60 kobo
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Greif Nigeria Plc has increased its dividend payout to investors by 100 percent as it has offered a 60 kobo per share dividend in 2013 end compared to 30 kobo paid in 2012. The company said the proposed 60 kobo dividend will be paid to […]
Unity Bank Reports N22.582 billion Loss in 2013
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier bank, Unity Bank Plc has reported a loss of N22.5 billion in its audited year ended December 31, 2013. The bank posted a negative profit after tax (PAT) of N22.582 billion in 2013 end compared to N6.180 billion reported in 2012 end; showing […]
