Author: InvestAdvocate

Shareholders approve Lafarge’s N3.6bn dividend

Shareholders of  Lafarge Cement WAPCO Nigeria Plc have unanimously approved a total dividend of N3.602bn proposed by the company as gross dividend for the year ended December 31, 2012. This amount translates into a dividend payout of N1.20k per share, and represents an increase of 60 per cent over 75 […]

IMF Board Reaffirms Lagarde’s Ability to Manage

By Peter OBIORA InvestAdvocate   Lagos (INVESTADVOCATE) – The Board of the International Monetary Fund (IMF) Tuesday said its confidence in the ability of Christine Lagarde as the Managing Director (MD) of the Fund.   This is contained in a Statement from the IMF and made available to InvestAdvocate in […]

Dangote Cement Pays N51bn Dividend

By InvestAdvocate The Chairman of   Dangote Cement Plc, Alhaji Aliko Dangote has assured shareholders of the company of higher performance and returns, given the huge investments it is making on its expansion within and outside Nigeria. The leading manufacturing giant recorded  a profit after tax of N149.632 billion, up from […]