Jul 15, 2010 By Babajide Komolafe   Abuja — The Central Bank of Nigeria, CBN, has backpedalled on its directive that banks should disclose executive compensation and bonuses in their annual accounts.The apex bank, last week, issued a new  prudential guidelines  which replaced the one issued in May which […]

  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 […]

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 […]