Author: InvestAdvocate

First Bank Decided Against Oceanic Bank Purchase, CEO Says

By Vincent Nwanma First Bank of Nigeria Plc (FIRSTBAN), the country’s third-biggest lender by market value, decided against purchasing Oceanic Bank International Plc (OCEANIC), which was bailed out by the central bank, Group Managing Director Bisi Onasanya said. First Bank plans to concentrate on organic growth, he said in an […]

Dangote Sugar to pay shareholders 60 Kobo dividend in 2010 end

By investadvocate Lagos (INVESTADVOCATE)-Dangote Sugar Refinery Plc has proposed to pay investors of the Company a 60 Kobo dividend payout for the year 2010 Financial Year End (FYE). This was contained in the Result Announcement for the Audited Year Ended December 31 2010 of the Sugar Refinery Company made available […]

Continental Re proposes 7.5 Kobo dividend to shareholders in 2010 year end

By investadvocate Lagos (INVESTADVOCATE) – Continental Reinsurance Plc (Continental Re) operating in the Insurance Sector of the Nigerian Stock Exchange (NSE) has proposed a 7.5 Kobo dividend payout to its shareholders in its Audited Period Ended December 2010. The Company made this affirmation in the Result Announcement Monday April 18 […]