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Analysts warn against continued defense of the naira

  Jul 14, 2010 By Babajide Komolafe   Continuous defense of the naira by the Central Bank of Nigeria (CBN) could lead to faster depletion of the nation’s foreign reserves, say analysts at the Financial Derivative Company Limited.“CBN’s commitment of supporting the Naira at any cost is having the undesired […]

Flour Mills declares N1 dividend, one for 10 bonus

Jul 14, 2010 By Michael Eboh & Providence Obuh   Flour Mills Nigeria Plc has announced a dividend of N2.00 per share and a bonus of one ordinary share for every 10 ordinary shares held by its shareholders in its 2010 financial year.According to its audited results for the year […]

FG mulls Globacom,Shell Exchange listing

  THURSDAY, 15 JULY 2010 01:22 BADEJO ADEMUYIWA     As the Goodluck Jonathan administration tinkers with several options to grow the economy before the close of its tenure, upstream oil majors and telecommunication firms may be compelled to list their shares on the Nigerian Stock Exchange (NSE).   This is one […]