The naira weakened marginally against the United States dollar on the inter-bank market on Monday in a thin trade, as market dollar liquidity was sufficient to counter dollar demand from importers, traders said. Reuters reported that the naira closed at N157.30 to the dollar on the inter-bank market on Monday, […]

By Opeyemi Issa InvestAdvocate Lagos (INVESTADVOCATE) – NEM Insurance Plc operating in the Insurance Sector of the Nigerian Stock Exchange (NSE) Monday offered to pay investors of the Company a 5 Kobo dividend in its 2011 Audited Year End. NEM in its Corporate Action to the Nigeria’s Exchange announced that […]

Unclaimed dividends in the Nigerian capital market stood at N52.2 billion as at December 31, 2011, the Securities and Exchange Commission (SEC) has said at the weekend. SEC made this disclosure while commending the positive move by the House of Representatives to tackle the challenge posed by unclaimed dividends in […]