By investadvocate Lagos (INVESTADVOCATE)-Food/Beverage Giants, Nestle Nigeria Plc (Nestle) is set to reward investors of the Company a N10.60 Kobo dividend and 1 for 5 bonus for the Audited Year Ending December 31 2010. The Firm in a Result Announcement Monday April 18 2011 to the Nigerian Stock Exchange (NSE) […]

Citigroup’s first-quarter net income falls 32 percent on lower loans, underwriting Pallavi Gogoi, AP Business Writer NEW YORK (AP) — Citigroup’s first-quarter income fell 32 percent on lower revenue from investment banking and a decline in consumer loans. The bank was able to set aside fewer reserves for losses as […]

Stocks sharply lower after Standard & Poor’s lowers outlook on US debt Francesca Levy, AP Business Writer NEW YORK (AP) — Stocks are sharply lower after Standard & Poor’s issued a warning on U.S. government debt. Fears about Europe’s debt problems are also pushing markets lower. The Dow Jones industrial […]