March 20, 2018/The Nation Taofik Salako GlaxoSmithKline Consumer Nigeria (GSK) Plc will distribute a total of N8.97 billion as dividend to shareholders for the 2017 business year. The board of directors of GSK yesterday indicated that it has approved the payment of N8.49 billion as special dividend and N478.4 million […]
Investors Bite
Bond Yields Stay Flat as CBN Resumes OMO
Culled—Proshare March 19, 2018/Zedcrest Capital ***CBN Fixes April 3 and 4 for MPC Meeting*** Bonds The Bond market opened the week on a relatively quiet note with mixed sentiments observed across the curve, (slight buys on 20s, 27s and 36s, with slight sell on the 21s, 24s and 34s). Yields […]
SEC Charges Theranos Inc, CEO, Former President on $700 Million Fraud
March 19, 2018/US SEC On March 14, 2018, the Securities and Exchange Commission charged Silicon Valley-based private company Theranos Inc., its founder and CEO Elizabeth Holmes, and its former President Ramesh “Sunny” Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated […]
