November 27, 2015/Punch The Senate on Thursday confirmed the nomination of Ahmed Kuru and Umaru Danbatta for appointment as the Managing Director of the Asset Management Corporation of Nigeria as well as the Executive Vice Chairman of the Nigerian Communications Commission, respectively. Others confirmed by the Senate as AMCON executive […]
Capital Market
Guinness shareholders approve N5bn dividend
November 26, 2015/Guinness Nigeria Plc A dividend of N4.8bn has been approved by shareholders of Guinness Nigeria Plc, a subsidiary of Diageo Plc, for the period ended June 30, 2015 with a pledge by the board and management to maintain sustainable growth for the business through good business strategies and […]
Nigerian Equities Resume Losses, Dips 0.17%, Amidst Pressure in Banking Sector
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday resumed losses, as all-share index (ASI) dipped by 0.17%, amidst pressure in the banking sector to close at 27,607.12 basis points, while market capitalisation decreased by N16.09 billion to 9.52 trillion. “Both month-to-date and year-to-date losses edged up to […]
