Author: InvestAdvocate

Risk Insurers Protest Payment of Bidding Fees

Risks underwriting companies in the country under the auspices of the Nigerian Insurers Association (NIA),  have said that  they  will  henceforth  not pay more than N15,000 as bidding fee for any government business.   This resolution was made just as the association said that in the next two years, it would […]

Seven-Up, Chellarams, Academy Press declare dividends

By InvestAdvocate Lagos (INVESTADVOCATE)-Seven-Up Bottling Company Plc, Chellarams Plc and Academy Press Plc has declared dividends for the Audited Results Ended March 2012. According to the Result Announcements on the Floor of the Nigerian Stock Exchange (NSE) Friday, Seven-Up declared a N2.00 dividend, Chellarams Plc declared 10 Kobo and Academy […]

Nestle in talks for €7bn acquisition loan

Nestle, the world’s biggest food group, has been talking to banks about raising a new €7bn ($8.7bn) syndicated loan to help fund its $11.85bn takeover of Pfizer Nutrition, banking sources said on Thursday. Reuters reported that Nestle said in late April the acquisition would be fully debt-financed through internal cash […]