The Management of Unilever Nigeria Plc has received unanimous approval to pay a dividend of N1.40 for the year ended December 31, 2011. This approval was given by the shareholders at the company’s Annual General Meeting in Lagos on Thursday. The shareholders commended the company on the move adding that […]

The Central Bank of Nigeria on Thursday said it would from 2014 give females 50 per cent representation on its board and at management levels. The Governor, CBN, Mr. Lamido Sanusi, who disclosed this, said the move was part of plans to ensure equitable and fair gender representation on the […]

JPMorgan Chase CEO Jamie Dimon says the company expects to lose $800 million this quarter on complex investments made by its own traders. The company’s shares plunged more than 5 percent in late electronic trading after the loss was announced. Source: DANIEL WAGNER | Associated Press