Author: InvestAdvocate

We’ll get best bargain for nationalised banks –AMCON

The Asset Management Corporation of Nigeria has said it will get the best bargain in the disposal process of the nationalised banks. The Managing Director, AMCON, Mr. Mustafa Chike-Obi, offered insight into the decision of the corporation to start the sale of its three banks – Enterprise Bank, Keystone Bank […]

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 […]