By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Beverage maker Nestle Nigeria Plc has increased its dividend payment by 30 percent in its 2013 audited year end and will pay 24.00 naira compared to 18.50 paid in 2012 end. From the company’s result released Wednesday to the Nigerian stock exchange (NSE) and made […]
Author: InvestAdvocate
Nigeria’s Sanusi Files Lawsuit Challenging Suspension From Bank
Lamido Sanusi, Nigeria’s ousted central bank governor, filed a court challenge against his suspension by Nigerian President Goodluck Jonathan. The action was filed at the Federal High Court in the capital, Abuja, Owolabi Odekunle, a partner at Sanusi’s legal representatives Kola Awodein and Co., said in an e-mailed reply to […]
Senate scolds prosecutors, Swiss bank in tax spat
Senators lashed out against federal prosecutors on Wednesday for a lack of zeal in going after Swiss banks that helped Americans dodge taxes, saying that offshore tax avoidance has cost billions of dollars in tax revenues. The Senate Permanent Subcommittee on Investigations this week alleged new misdeeds by Switzerland’s Credit […]
