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Banks’ credit to private sector rises to N10.1 trillion

WEDNESDAY, 13 OCTOBER 2010 BLESSING ANARO & IHEANYI NWACHUKWU   Credit to the private sector by the deposit money banks hit N10.1 trillion by June this year, the Central Bank of Nigeria (CBN) said in its current quarterly report. The apex bank said in its second quarterly report: “Compared with […]

AIICO Insurance Gives 2k Dividend

10.13.2010 The board and management of AIICO Insurance Plc have commended by  the shareholders of the company for keeping the company afloat in spite of the recession in the industry.The shareholders gave their commendation during the  40th Annual General Meeting held in Calabar last week following the approval of a […]

Dangote Cement to Pay 75% of Profit

By Goddy Egene, 10.13.2010  Shareholders of the proposed Dangote Cement (DCP) Plc are in for a good time, as the management of the company has decided to pay 75 per cent of the proposed profit of the company as dividend.DCP, a company that will have a market capitalisation of N2.1 […]