Investors Bite

Shareholders applaud NASCON mgt; gets 70k dividend

May 5, 2017/NASCON Shareholders of NASCON Allied Industries Plc on Thursday unanimously lauded the decision of the company to pay a dividend of 70 kobo per share as against the 55 kobo paid in 2015. Chairman of the Independent Shareholders Association, Chief Sunny Nwosu, described the board of Nascon as […]

NASCON plans new products as shareholders laud coy on dividend payout

May 5, 2017/NASCON The Management of NASCON on Thursday assured shareholders of bumper returns on their investment in the company as it has concluded arrangements to roll out more products before the end of this year. When introduced, the new products will enhance the company’s turnover, profitability and ultimately rub-off […]

SEC Dissolves Ikeja Hotels Plc Board

4/5/2017/SEC … Appoints interim Board The Securities and Exchange Commission (SEC) has announced the dissolution of the board of Ikeja Hotels Plc due to unresolved internal crisis involving some majority shareholders of Ikeja Hotels Plc. The Commission said this proactive measure has become necessary in order not to allow the […]