Economists have expressed divergent views on the decision by the Central Bank of Nigeria to withdraw polymer notes from circulation soon and replace them with paper notes. While some experts, who spoke to our correspondents in an interview on Tuesday, agreed with the decision, others blamed the CBN for performing […]
Author: InvestAdvocate
Dangote Cement Offer Investors 140% dividend Rise
By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)- Dangote Cement Plc (DANGCEM) Wednesday increased its dividend payout to investors by 140 percent (140%) for the Audited Year Ended December 31 2012. DANGCEM proposed N3.00 for the review period compared to N1.25 paid in 2011 end; indicating an increase of 140%. The Company […]
Ford first quarter profit rises 15 pct to $1.6b
Ford 1st quarter profit up 15 pct to $1.6b, strength in North America overcomes Europe losses Ford says net income rose 15 percent in the first quarter to $1.6 billion as record North American profits overcame weakness in Europe and South America. Ford beat Wall Street’s forecast with earnings of […]