Author: InvestAdvocate

Nigerian Breweries pays N158 billion dividend in 13 years

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Brewing Giant, Nigerian Breweries Plc has paid a total of N157, 844,948,020 dividend to shareholders of the Company in the last 13 years. A check by www.investadvocateng.com shows that between 1999 to 2011the amount has been paid by the Company as dividend to its investors. […]

JPMorgan $2 billion loss hits shares, credit, image

JPMorgan Chase & Co lost $15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and politicians reacted to its surprise $2 billion trading loss by demanding stiffer oversight for the banking industry. The loss by one of Wall Street’s most […]

MTN, 3 GSM networks to pay N1.17b fines over poor service quality

MTN Nigeria and three other GSM networks have been fined a total of N1.17 billion in penalty for providing poor quality telephony service to mobile phone users in Nigeria, in a no-more-business-as usual hammer wielded by the nation’s telecoms regulator. The Nigerian Communications Commission (NCC), the nation’s telecoms regulator, has […]