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Sokoto Cement posts N1.8b profit, declares 10k dividend

  THURSDAY, 08 JULY 2010                                                                                                     Sokoto based Cement Company of Northern Nigeria (CCNN), has declared a final gross dividend of 10 kobo per share, bringing the total dividend paid to shareholders to 90 kobo in the 2009 financial year.It also recorded a profit after tax of N1.8 billion, against […]

Sale Of Banks: Fidelity, Ecobank Lock Horn In Battle To Acquire Afribank • Banks Renew Sacking Gale, Frustrations

  By , FINANCE EDITOR Indications were rife at the weekend that two middle-level banks are presently locked in the battle to take over “rescued” Afribank of Nigeria Plc, as part of the ongoing determination by the Central Bank of Nigeria (CBN) to sell the bank, which clocked 50 quietly […]

Stock markets rise as investors look for ‘cheap’ shares

  Wednesday, 7 July 2010   Shares on a range of world markets jumped on Tuesday as investors looked to take advantage of what they perceived as cheap, oversold stocks.The imminent announcement of pricing details for the flotation of Agricultural Bank of China (Agbank) helped to improve sentiment.   Positive […]