By Agency Reporter For the second time this week and on the first trading day in April, equity trading activities closed positive on Friday as major indicators rose marginally. Specifically, the market capitalisation of the listed equities rose by 0.5 per cent or N41bn, from N7.867tn, to close at N7.908tn. […]

By investAdvocate Lagos (INVESTASDVOCATE)-Portland Paints Plc is set to give investors of the Company a 16 Kobo dividend payout for the year ended December 31 2010. The Company affirmed that payment date would be September 02 2011 and it’s for shareholders whose name appear as at the closure date between […]

Guaranty Trust Bank Plc has said that it plans to sell about N30bn ($192m) of its non-performing loans to the Asset Management Corporation of Nigeria in the next phase of purchase by the asset management company. Bloomberg quoted the bank as saying, “It sold N1.7bn toxic assets to AMCON in […]