General Electric Co (GE.N) said it signed three contracts valued at $2.7 billion with Algeria to supply power generation equipment and turbines to the country’s power plants. GE said one contract, worth $1.9 billion, was with Societe Algerienne de Production de l’Electricite, a unit of Algeria’s national electricity and […]
Author: InvestAdvocate
Honeywell Flour To Pay N1.3bn Dividend
The board of directors of Honeywell Flour Mills (HFM) has recommended the payment of N1.3 billion as dividend for the year-ended March 31, 2013. The payment will depend on approval by shareholders at the upcoming annual general meeting of the company. The dividend, which translates to N0.16 kobo per share, […]
Liberia’s Inflation To Drop 6% in 2014
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Liberia’s inflation will drop to 6.0 percent (6%) in 2014 the International Monetary Fund (IMF) said on Thursday. This is coming on the heels of the second review of the government’s economic program supported by the IMF under an Extended Credit Facility (ECF) arrangement. Corinne […]
