The euro zone economy is heading into its second recession in just three years and the wider European Union will stagnate, the EU’s executive said on Thursday, warning that the currency area has yet to break its vicious cycle of debt. The European Commission forecast that economic output in the […]
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Nigerian Breweries increase dividend payment by 25% in 2011 end
By Christopher Nnanta InvestAdvocate Lagos (INVESTADVOCATE) – Brewing Giants, Nigerian Breweries Plc (NB) Thursday announced it has increased dividend payment to investors of the Company by 25 percent (25%) in the 2011 Financial Year End (FYE). This is contained in the Corporate Action of the Brewing Company to the Nigerian […]
Naira hits 8-month high, more gains seen
Nigeria’s naira is likely to gain next week due to strong dollar supplies from the oil industry, while Kenya’s shilling looks set to extend this year’s rally due to continued off-shore demand for high-yielding domestic debt. NIGERIA The naira hit an eight-month high against the dollar on the interbank market […]
