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Nestle rises by 5% on N10.60k dividend

By Udeme Ekwere Tuesday, 22 Feb 2011 Trading in the shares of Nestle Nigeria Plc recorded the highest price appreciation at the close of trading activities on Monday. The stock gained five per cent or N21.57 to close at N453.12 per share, up from N431.55 recorded last Friday. This was […]

Two US banks may open offices in Nigeria – Aganga

By Stanley Opara with agency report Tuesday, 22 Feb 2011 Two United States’ banks are considering opening offices in Nigeria, the Finance Minister, Mr. Olusegun Aganga, has said. This, he said, was part of a “big wave of investors” planning to move into the country’s financial sector. Bloomberg quoted Aganga, […]

FDI: Stanbic IBTC set to host investors, corporate managers

By Ademola Alawiye Tuesday, 22 Feb 2011 Stanbic IBTC Bank Plc and its stockbroking subsidiary, Stanbic IBTC Stockbrokers Limited, have concluded arrangements to host institutional investors keen on making forays into the Nigerian economy through stakeholdings in leading quoted firms on the Nigerian Stock Exchange. The investors are expected to […]