The Group Managing Director of the defunct Intercontinental Bank Plc, Mr. Erastus Akingbola; former Group Managing Director, Access Bank Plc, Mr. Aigboje Aig-Imoukhuede; and his successor, Mr. Herbert Wigwe, on Wednesday reported at the Financial Reporting Council of Nigeria’s office in Alausa, Ikeja area of Lagos for interrogation over the […]
Author: InvestAdvocate
CCNN Declares 70 Kobo dividend for 2013
By InvestAdvocate Lagos (INVESTADVOCATE)-Cement Company of Northern Nigeria Plc (CCNN), one of Nigeria’s top cement makers Wednesday declared a 70 kobo dividend payout to shareholders of the company. The 70 kobo per share dividend declared is 55.6 percent (55.6%) growth compared to 45 kobo paid in the company’s 2012 full […]
Nigeria Devaluation Opposed by Incoming Central Bank Chief
Nigeria’s incoming central bank Governor Godwin Emefiele said a devaluation of the naira would be “devastating” for the economy. The Central Bank of Nigeria’s exchange-rate policy is correct and the regulator needs to ensure Africa’s largest oil producer has a strong currency, Emefiele said in his first public comments since […]
