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Dangote Cement pays N30.98bn interim dividend

By Gbenga Agbana Friday, 26 Nov 2010 Dangote Cement Plc, a company recently quoted in the building materials sub-sector of the Nigerian Stock Exchange has announced an interim dividend of N30.98bn for the period ended September 30, 2010. A statement from the company on Thursday said the interim dividend was part […]

Council of state okays N18,000 minimum wage

By Ihuoma Chiedozie and Chinyere Fred-Adegbulugbe Friday, 26 Nov 2010 The National Council of State on Thursday endorsed the implementation of the N18,000 national minimum wage. The NCS consequently asked President Goodluck Jonathan to immediately send a bill to the National Assembly to give a legal backing to the new wage. […]

London Stock Exchange Reports $7.5 Trillion Market Cap

By Peter OBIORA investadvocate Nov 26 2010 05.40 GMT Lagos (INVESTADVOCATE)-The London Stock Exchange (LSE) has reported $7.5 Trillion Market Capitalisation. Ibukun Adebayo, Head of Primary Markets, Middle East & Africa, of the London’s Exchange made this confirmation at the Nigerian Capital Markets (NCM) Workshop Press Briefing held Wednesday November 24 […]