Shareholders of Fidelity Bank Plc Tuesday approved a total of N6.08 billion dividend pay-out declared by the bank in its 2012 audited financial reports. That translates to 21 kobo per share for shareholders of the bank. Speaking at the bank’s 25th Annual General Meeting in Abuja, the Managing Director/Chief Executive […]
Author: InvestAdvocate
NSE and Stakeholders’ Unending Wait for Securities Lending
The plan by the Nigerian Stock Exchange (NSE) to introduce securities lending to the nation’s capital market was hailed by stakeholders in the capital market. But the Exchange appears to have abandoned the initiative following market recovery, writes Eromosele Abiodun Following the global financial crisis that led to stock market […]
Dollar dips vs euro before Bernanke testimony; yen weakens
The U.S. dollar fell against the euro on Tuesday after comments from Federal Reserve officials dented expectations the U.S. central bank may taper its bond purchases anytime soon. But the dollar rose against the yen, a day before the Bank of Japan concludes a two-day policy meeting. Traders widely expect […]
