Author: InvestAdvocate

Mobil Nigeria Profit up 25.7%, Offers N6.00 Dividend

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Top oil marketing firm, Mobil Oil Nigeria Plc Monday said its profit before tax (PBT) increased 25.7 percent (25.7) as it recorded N4.076 billion in 2012 compared to N5.123 billion in the review period of 2013. Also, profit after tax (PAT) grew by 20.9 percent […]

UACN Prop Retains Dividend at 70 Kobo, Issues 1 to 4 bonuses

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Real estate developer, UACN Property Development Company Monday announced a dividend of 70 kobo per share dividend and one for every four bonus issued to shareholders of the company. UACN Prop in 2012 year end paid investors a 70 kobo dividend the same it has […]

Oil marketers threaten strike, 28 depots dry up

Oil marketers on Monday threatened to embark on a nationwide strike over the alleged illegal shutdown of the Nigerian Independent Petroleum Company’s depot in Apapa, Lagos by the National Union of Petroleum and Natural Gas Workers. The Chairman, Concerned Marketers, Mr. Abidemi Agunbiade, who spoke with journalists in Lagos, said […]