Author: InvestAdvocate

ATM frauds drop by 90% – Sanusi

By Ifeanyi Onuba The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, on Wednesday, said the various reforms carried out by the apex bank had led to a decline of about 90 per cent in fraud committed through the use of Automated Teller Machine. Sanusi said this in […]

Inflation Remains at Single Digit in August

By Obinna Chima Inflation rate in Nigeria maintained its single-digit position in the month of August as it fell slightly to 9.3 per cent year-on-year, from the 9.4 per cent recorded in July. The latest Consumer Price Index (CPI), of the National Bureau of Statistics (NBS), made available to THISDAY […]

Oando pays N5.4bn dividend to shareholders

By Okechukwu Nnodim Oando Plc on Wednesday announced the payout of a total dividend of N5.4bn to shareholders of the company. The firm, which has primary and secondary listings on the Nigerian Stock Exchange and Johannesburg Stock Exchange, said the shareholders received the returns on their investment on August 31, […]