By Opeyemi Issa InvestAdvocate Lagos (INVESTADVOCATE)- Lafarge Wapco Cement Nigeria Plc Friday increased its dividend payout to investors of the Company by 275 percent (275%) in its Audited Year Ended December 31 2011. From the Result Announcement declared on the Floor of the Nigerian Stock Exchange (NSE) in Lagos […]
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Nigeria interbank rates fall on budget cash inflow
Nigeria’s interbank lending rates fell sharply this week to an average of 13 percent, from 15.08 percent, as cash flow from February budgetary allocations to government agencies boosted liquidity in the system, traders said. Nigeria distributed 620.7 billion naira ($3.94 billion) from oil receipts to its three tiers of government […]
SEC Boss Arunma Oteh Trapped by Moral Questions
In July 2011, Huhuonline.com broke the news that the Director-General, Securities and Exchange Commission (SEC), Arunma Oteh has a high proclivity and penchant for combining high public office with her cravings for leisure and conspicuous consumption. The issue in question then, was the revelation that she spent a whooping thirty […]

