Author: InvestAdvocate

Nestle Nigeria up dividend payment by 4.34%, offer N11.05 kobo in 2011 end

By Christopher Nnanta InvestAdvocate Lagos (INVESTADVOCATE)-Food & Beverage Giant, Nestle Nigeria Plc has increased its dividend payment slightly by 4.34 percent (4.34%) in year 2011 end. This was part of the Corporate Action of the Company in its Result Announcement released Tuesday to the Nigerian Stock Exchange (NSE) and obtained […]

Nigeria’s Inflation Rate 12.6%, up by 230bps in January 2012-NBS

In its latest report, the National Bureau of Statistics put Nigeria’s January headline inflation at 12.6%, up by 230bps from10.3% in December 2011. In the same vein, Food Inflation rose to 13.1% year-on-year, from 11.0% in December 2011. The report also indicates that core inflation (measured by All Items Less […]

Nigeria’s Bourse launches New Website

Press Release The Nigerian Stock Exchange (NSE) officially announced the launch of its new website on Monday, February 20, 2012, which is considered a unique evolution for the bourse in terms of information and interactive services available for investors, its wider stakeholder group and other local and international visitors of […]