Author: InvestAdvocate

Nigeria, others to establish Central Bank for Africa

The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, on Wednesday urged governors of African Central Banks to improve economic indicators. Sanusi’s call followed the move by the Association of African Central Banks to set up an African Central Bank that would help to ensure that the region’s […]

AMCON takes over Tonique Oil Services properties

The Asset Management Corporation of Nigeria has announced the takeover of the properties of Tonique Oil Services AMCON, in a statement on Wednesday, said the action was based on the order of the Federal High Court. The AMCON Act allows the corporation to take possession of assets of recalcitrant debtors […]

Greif Nigeria to pay investors 30 Kobo dividend in 2011 end

By InvestAdvocate Lagos (INVESTADVOCATE)-Greif Nigeria Plc Wednesday proposed to reward investors of the Company a 30 Kobo dividend payout in its Financial Year End (FYE) October 31 2011. This was contained in the Corporate Actions of the Company to the Nigerian Stock Exchange (NSE) and made available to www.investadvocateng.com in […]