Author: InvestAdvocate

PCMN increase dividend by 33.33% pay 8 Kobo in 2011

By Opeyemi Issa InvestAdvocate Lagos (INVESTADVOCATE)- Paints & Coatings Manufacturers Nigeria Plc (PCMN) Wednesday proposed to reward investors of the Company with an N0.08 Kobo dividend payout for the Audited Year Ended December 31 2011 released to the Nigerian Stock Exchange (NSE) in Lagos Nigeria. The N0.08 proposed dividend is […]

Cash-less Policy: Banks to save N200 billion Cost-NIBSS Boss

By Opeyemi Issa InvestAdvocate Lagos (INVESTADVOCATE)- Nigerian Banks are expected to save about N200 billion cost on cash management in the next few years when the cash-less policy is fully embraced. Niyi Ajao, Acting Chief Executive Officer (Ag CEO) of the Nigerian Inter-Bank Settlement System (NIBSS) Wednesday said this at […]

Nigeria to sell 50 billion naira in 2019, 2022 bonds

Nigeria will auction 50 billion naira ($317.16 million) in sovereign bonds maturing in 2019 and 2022 on March 28, its third monthly debt auction this year, the Debt Management Office (DMO) said on Wednesday.  The debt office said it would sell 20 billion naira in 2019 paper, and 30 billion […]