Capital Market

Zenith Bank Names Jim Ovia Chairman

By Peter OBIORA InvestAdvocateLagos (INVESTADVOCATE)-Zenith Bank Plc on Tuesday named its erstwhile chief executive officer (CEO) Jim Ovia as its new Chairman; succeeding Steve Omojafor who resigned in June. This is contained in a statement by Peter Amangbo, group managing director (GMD) of Zenith Bank and obtained by InvestAdvocate in […]

Afrinvest to pay N44.2m dividend on NIDF

Afrinvest Asset Management Limited is set to pay note holders on the register of the Nigeria International Debt Fund interim dividend for the 2014 financial year. The NIDF is a Nigerian Stock Exchange listed mutual fund that invests in fixed-income securities of the federal and state governments. The fund manager […]

NSE, stockbrokers commend Dangote over cement investment

The Dangote Group has said the management of the Nigerian Stock Exchange and stockbrokers have commended its investment in the cement industry and described it as a revolution in the transformation of the economy. The Director-General, NSE, Mr. Oscar Onyema, who led investors, leading players at the Exchange as well […]