Author: InvestAdvocate

Nigeria GT Bank sees 15-20 pct loan growth this year – CEO

Nigeria’s Guaranty Trust Bank expects to increase loans by 15-20 percent this year after growth of 29 percent last year as it seeks opportunities in telecom, oil and gas and manufacturing, its chief executive said on Thursday. GT Bank CEO Segun Agbaje told an analyst conference call that foreign currency […]

Shake Up At NNPC As Nigeria Appoints New Group Executive Directors

President Goodluck Ebele Jonathan Wednesday appointed new Group Executive Directors for the Nigerian National Petroleum Corporation to fill critical vacancies which currently exist in the Corporation, a Presidency statement announced. The President’s Special Adviser on Media and Publicity in the statement said “the appointments are with immediate effect.” The new […]

Lafarge Cement up Dividend by 175%, Proposes N3.30 Kobo

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top cement producer, Lafarge Cement Wapco Nigeria Plc (WAPCO) Thursday announced an increase in dividend payout to investors of 175 percent (175%) in its 2013 audited year end. To record the 175% increase in dividend payout to investors of the company, the board of […]