Author: InvestAdvocate

AIICO Insurance Gives 2k Dividend

10.13.2010 The board and management of AIICO Insurance Plc have commended by  the shareholders of the company for keeping the company afloat in spite of the recession in the industry.The shareholders gave their commendation during the  40th Annual General Meeting held in Calabar last week following the approval of a […]

Dangote Cement to Pay 75% of Profit

By Goddy Egene, 10.13.2010  Shareholders of the proposed Dangote Cement (DCP) Plc are in for a good time, as the management of the company has decided to pay 75 per cent of the proposed profit of the company as dividend.DCP, a company that will have a market capitalisation of N2.1 […]

Customers lament domiciliary account arbitrary charges

By Oluwaseyi Bangudu October 13, 2010 12:06AM Operators of domiciliary accounts are lamenting the charges on maintaining such accounts, saying that the arbitrariness of the charges makes them unjustifiable.Some bank officials, however, say though the charges are steep in some cases, running a domiciliary account is not essential unless it […]