Author: InvestAdvocate

Shareholders of Dangote Sugar approve N12b for 2009 dividend

  WEDNESDAY, 28 JULY 2010 BY MOSES EBOSELE   Shareholders of Dangote Sugar Refinery (DSR) plc on Tuesday approved proposal by the Board and Management of the company to pay a dividend of N1.00 for every one ordinary share of 50 kobo for the year ended December 31, 2009, amounting […]

Goldlink Posts N87.16m Profit

  Nnamdi Duru, 07.28.2010    Goldlink Insurance Plc, one of the composite insurance groups in the country has recorded  a revenue, generation  of  N87.16 million profit from its operations last year.  It also raised its shareholders’ fund,  which , however, fell marginally from N6.97 billion in the previous year to […]

Fresh Funds: More Firms Embrace Rights Issue

  By Goddy Egene, 07.28.2010    Apparently encouraged by the success recorded by Oando Plc in its last Right Issue and positive response to the current Rights Issue by Unity Bank Plc, more companies are soliciting the support of existing shareholders for fresh funds THISDAY checks have revealed.    Following […]