Author: InvestAdvocate

NSE DG: Uncertainty Reigns as Search Intensifies

  By Goddy Egene, 07.04.2010    As the Nigerian Stock Exchange (NSE) intensifies the search for a replacement for its incumbent Chief Executive Officer CEO) Prof. Ndi Okereke-Onyiuke, and the Executive Directors (EDs), the chances of any of the current top executives of the Exchange becoming the new CEO are […]

IFC, Subsidiary Invest $175m in Ecobank

  By Emele Onu, 07.04.2010    The International Finance Corporation (IFC), a member of the World Bank Group, and IFC Asset Management Company have announced a total investment of $175 million in Ecobank Transnational Incorporated and its group subsidiaries.     This investment according to a statement from IFC, will […]

Dangote Sugar records N13.186b profit, offers N12 billion dividend

  MONDAY, 05 JULY 2010   The board of Dangote Sugar Refinery Plc last week presented its audited result for the year ended December 31, 2009, reporting a 2.1 per cent increase in turnover from N80.671 billion in the corresponding period of 2008, to N82.396 billion.     In what […]