Author: InvestAdvocate

Mobil offer investors N5.00 dividend 1 for 5 bonus, Total pay N7.00 in 2011

By Opeyemi Issa InvestAdvocate Lagos (INVESTADVOCATE)-Mobil Oil Nigeria Plc Monday announced a proposed N5.00 dividend and 1 for 5 bonus to investors of the Company in its Audited Report for the Period Ended December 31 2011. In its Corporate Actions to the Nigerian Stock Exchange (NSE), Mobil Nigeria said closure […]

Court Discharges Akingbola over EFCC Shabby Prosecution

A Federal High Court in Lagos on Monday dismissed the corruption charges filed by the Economic and Financial Crimes Commission (EFCC) against the former Managing Director of Intercontinental Bank, Erastus Akingbola for want of diligent prosecution.  The presiding judge, Justice Charles Archibong equally discharged the accused person from all the […]

New Listing Rules: NSE pegs ASEM N300, 000, Mainboard N4.2 million of Mkt Cap

By Peter OBIORA & Opeyemi Issa InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Monday unveiled new listing rules pegging Alternative Securities Market (ASEM) application at N300, 000 and Mainboard N4.2 million. Taba Peterside, General Manager (GM) Listing, Sales & Rentention of the Nigeria’s Exchange said this at an interactive session […]