Author: InvestAdvocate

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 […]

LBIC Opts for State Mortgage License

By Our Correspondent Lagos (INVESTADVOCATE) – Lagos Building and Investment Company (LBIC) has opted for State Mortgage License following the Central Bank of Nigeria’s (CBNs) guideline that categorised Primary Mortgage Institutions (PMIs) into National and State Mortgage Firms. A Source at the Alausa Head office of the Mortgage Company who […]