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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 […]

Customers lament domiciliary account arbitrary charges

By Oluwaseyi Bangudu October 13, 2010 12:06AM Operators of domiciliary accounts are lamenting the charges on maintaining such accounts, saying that the arbitrariness of the charges makes them unjustifiable.Some bank officials, however, say though the charges are steep in some cases, running a domiciliary account is not essential unless it […]

NSE: Restoring Confidence, Instilling Discipline

  10.13.2010  Writes that last week’s suspension of companies by Nigerian Stock Exchange (NSE) over non compliance with listing requirements and punishment of two brokers by Chartered Institute of Stockbrokers (CIS) for infractions are actions in line with efforts to instil discipline and restore investors’ confidence in the market.   […]