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Total set to rewards investors with N2.00 dividend

By investadvocate Nov 19 2010 16.10 GMT Total Nigeria Plc (Total) operating in the Petroleum Marketing sector of the Nigerian Stock Exchange (NSE) is set to reward investors with a N2.00 Kobo dividend.   This was contained in a notice Friday November 19 2010 from the company to the NSE. Below […]

BankPHB Plc: Recapitalisation

By investadvocate Nov 19 2010 16.15 GMT The Bank has notified The Exchange that it has entered into exclusive negotiations with a consortium of International Financial Institutions, which if successful could lead to the recapitalization of the Bank.   However, any ensuring transaction is subject to Shareholders’ and Regulatory approvals.   […]

Flour Mills plans $232mn Bond for expansion

By  Michael Eboh Flour Mills of Nigeria Plc, which processes grain and sells cement, will offer 35 billion naira ($232 million) of bonds this month and use the proceeds to build a sugar refinery in Lagos.   The sale forms part of a 70 billion-naira debt-issuance program that shareholders approved […]