By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Ecobank Transnational Incorporated (ETI) Monday said it has appointed independent investigators to investigate recent corporate governance issues regarding the bank. This is coming on the heels of a communiqué issued at the end of a board meeting of the bank held Friday in Lome, Togo. […]
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GE signs $2.7 billion power generation contracts with Algeria
General Electric Co (GE.N) said it signed three contracts valued at $2.7 billion with Algeria to supply power generation equipment and turbines to the country’s power plants. GE said one contract, worth $1.9 billion, was with Societe Algerienne de Production de l’Electricite, a unit of Algeria’s national electricity and […]
Honeywell Flour To Pay N1.3bn Dividend
The board of directors of Honeywell Flour Mills (HFM) has recommended the payment of N1.3 billion as dividend for the year-ended March 31, 2013. The payment will depend on approval by shareholders at the upcoming annual general meeting of the company. The dividend, which translates to N0.16 kobo per share, […]
