Forty six insurance companies and two reinsurance firms have been sanctioned for failing to meet the June 30, 2013 deadline for the submission of their 2012 financial reports to the National Insurance Commission (NAICOM). The companies were respectively made to pay a daily fine of N5, 000 for all the […]
Author: InvestAdvocate
University Press Offer Investors 35 Kobo dividend for 2012
By InvestAdvocate Lagos (INVESTADVOCATE)-University Press Plc Tuesday proposed a 35 Kobo dividend to investors of the company. The company in a notice to the Nigerian Stock Exchange (NSE) said its Board of Directors (BOD) at its meeting held June 27, 2013 resolved to recommend the 35 Kobo per share […]
CBN Reports $3.24 Billion FOREX Inflow in April 2013
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Tuesday said Foreign Exchange (FOREX) Inflow and outflow in the country April 2013 was US$3.24 billion and US$3.32 billion respectively. Latest figures released by the CBN in its 2013 April Economic Report showed that the US$3.24 billion Inflow and […]
