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Panamanian firm to sell 57% stake in Champions to Consolidated Breweries

By Peter OBIORA investadvocate Lagos (INVESTADVOCATE)-A Panamanian Firm, Montgomery Ventures Incorporated of Panama is to sell its 57 percent (57%) equity stake in Champions Breweries Plc to Consolidated Breweries Plc. Champion Breweries Friday April 15 2011 announced this through a notice to the Nigerian Stock Exchange (NSE) in Lagos Nigeria. […]

Investors of AG Leventis to enjoy 20% dividend increase in 2010 end

By investadvocate Lagos (INVESTADVOCATE) – Investors of AG Leventis Nigeria Plc (Leventis) operating in the Conglomerate Sector of the Nigerian Stock Exchange (NSE) will enjoy a 20 percent (20%) increase in dividend payout in the Financial Year End (FYE) 2010. The Company Friday April 15 2011 announced its Corporate Action […]

UBA Cote d’Ivoire

By Agency Reporter United Bank for Africa Plc, a Nigerian lender with operations in several countries in the continent, said that it would reopen its business in Ivory Coast from May 2. According to Bloomberg, the Lagos-based bank has been making a “notional” loss of N50m ($322,000) a month since […]