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First Bank faces N1bn Suit over CPC crisis as Battleground shifts to Courts

The rancorous fracas currently rocking the Congress for Progressive Change (CPC) has triggered a tangle of legal battles between the Prince Tony Momoh-led national executive committee and the former national executive committee led by Senator Rufai Hanga. As both factions trade accusations and lawsuits against each other, First Bank of […]

Honeywell to invest $65 million towards capacity building, to pay 13 Kobo dividend 27 Sept.

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Honeywell Flour Mills Plc (Honyflour) operating in the Food/Beverages &Tobacco Sector of the Nigerian Stock Exchange (NSE) is seeking to invest $65 million about (N10 billion) in capacity expansion by building twin Mills. Folarinmi Babatunde Odunayo, Executive Vice Chairman/Chief Executive Officer (EVC/CEO) of the Company […]

Access Bank rewards investors with 20 Kobo interim dividend in Q2 of 2011

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Access Bank Plc has rewarded investors of the Bank with a 20 Kobo interim dividend payout in its Audited Second Quarter (Q2) Result for the period June 30 2011. This was contained in the Profit and Loss Information of the Bank on Wednesday released on […]