Author: InvestAdvocate

Big depositors in Cyprus to lose far more than feared

Big depositors in Cyprus’s largest bank stand to lose far more than initially feared under a European Union rescue package to save the island from bankruptcy, a source with direct knowledge of the terms said on Friday. Under conditions expected to be announced on Saturday, depositors in Bank of Cyprus […]

Niger Receives US$16.9 million Credit from IMF

By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-Western African Country Niger Republic will receive US$16.9 million Extended Credit Facility (ECF) from the International Monetary Fund (IMF). This is coming on the heels of the Executive Board of the IMF conclusion of its first review of Niger’s economic performance under the program supported […]

Total Nigeria Declare N8.00 Dividend in 2012

By Our Correspondent Lagos (INVESTADVOCATE)-Total Nigeria Plc Thursday declared a N8.00 dividend compared to N7.00 paid in the 2011 end, INVESTMENT ONE Financial Services Research has said. The N8.00 dividend payout to investors of the Company is a 14.28 percent (14.28%) increase in the Audited Report for the Period Ended […]