By Ademola Alawiye The Debt Management Office said on Thursday that it sold N70bn ($452.5m) in five-year and three-year sovereign bonds at its fourth debt auction of the year. The debt office, in a statement on its website, said it sold N35bn each in the five-year and three-year instruments at […]

  By Chiawo Nwankwo As part of moves to secure plea bargaining, the former Managing Director/Chief Executive Officer, Intercontinental Bank Plc, Dr. Erastus Akingbola, has sought approval to refund £9m (N2.25bn at the official exchange rate of N250 to £1 as at Thursday) in part payment to the bank. Our […]

By investadvocate Lagos (INVESTADVOCATE)-Dangote Cement Plc Thursday April 21 2011 through the Nigerian Stock Exchange (NSE) announced that it would pay investors of the Company the proposed N2.25 Kobo dividend on Wednesday June 01 2011 for the 2010 Audited Year End. Also, the Company notified the Nigeria’s Exchange of changes […]