By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Ilesha based brewing firm, International Breweries Plc on Thursday said its dividend payout for the period ended March 31, 2015 reduced 22 percent to 25 kobo from 32 kobo paid a year earlier. According to the corporate actions of the beer maker filed […]
Capital Market
Ecobank Says Will Sell Stake in Nigerian Unit to Shore up Capital
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Pan-African lender Ecobank Transnational Incorporated (ETI) said on Wednesday it will sell a stake in Ecobank Nigeria Ltd. by the end of 2015 to shore up the unit’s capital, a Bloomberg report quoted Albert Essien, chief executive officer (CEO) of the bank in an […]
Unilever Overseas Tender Offer to Up Stake in Nigerian Unit Closes June 10
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Unilever Overseas Holdings B.V., a subsidiary of Unilever Plc said on Wednesday its Tender Offer to up its stake in Unilever Nigeria Plc will close June 10. The soap and detergent maker is seeking to purchase up of 942,215,930 shares in Unilever Nigeria at […]
