The management of Union Trustee Mixed Fund has announced a market investment of N1.032bn in the year 2011, representing an increase of N2m or 0.19 per cent over N1.030bn invested in 2010. The Managing Director, Union Trustee Limited, Mrs. Oluseyi Aiyepola, said at the fund’s Annual General Meeting in Lagos […]
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NBS: Nigeria’s Inflation rate eases to 11.9% YoY
The National Bureau of Statistics (NBS) today reported Nigeria’s February headline inflation at 11.9% year-on-year (y-o-y), down by 70bps from 12.6% in January 2012. In the same vein, food inflation fell to 12.9% y-o-y from 13.1%. Core inflation (measured by All Items Less Farm Produce Index) however rose to 13.5% […]
N9 billion Loss: FCMB reward investors 3 for 20 bonus dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-First City Monument Bank Plc (FCMB) Monday proposed to reward investors of the Bank a 3 for 20 bonus dividend in its Audited Year-end Results (Dec. 31, 2011). This is contained in the Profit and Loss Information of the Bank to the Nigeria’s Exchange and made available […]
