Author: InvestAdvocate

CBN sells N100bn in T-bills

The Central Bank of Nigeria has sold N100.62bn ($619.0m) in treasury bills with 91-day and 182-day maturity at its bi-monthly auction, with mixed yields compared with the previous auction. A statement by the bank on Friday said it sold N37.49bn worth of the 91-day paper at a return of 14.05 […]

Mergers will boost loss adjusting businesses — Mgbojikwe

The immediate President, Institute of Loss Adjusters of Nigeria, Mr. Darlington Mgbojikwe, speaks with NIKE POPOOLA on the relevance of loss adjusting profession in the insurance industry, and other related issues. What do loss adjusters do in insurance? The duties of loss adjusters include the inspection and investigation into the […]

Shareholders approve Julius Berger’s N2.88bn dividend

Shareholders of Julius Berger Nigeria Plc, have approved N2.88bn dividend to be paid to them for the 2011 financial period. The approval was given in Abuja on Thursday during the company’s 42nd Annual General Meeting. The amount represents a dividend pay-out of N2.40 per share and it is 20 per […]