The Federal Mortgage Bank of Nigeria is set to recover loans from its clients including Primary Mortgage Institutions in order to meet its obligations to its shareholders, the Chairman of the bank’s Board of Directors, Chief Bisi Ogunjobi, has said. Ogunjobi, who addressed journalists in Abuja on Friday shortly after […]
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Dangote Cement rewards distributors with N800m sales bonus
It was a rain of Naira in Lagos on September 11, 2013, for the distributors of Dangote Cement as the management of the company splashed about N800 million on them as their sales bonus for 2012. The excited distributors from all states of the federation including Abuja, received various sums […]
Guinness Nigeria Offer Investors -12.5% Lower Dividend in 2013
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guinness Nigeria Plc Monday offered investors of the company a -12.5% lower dividend in its 2013 audited year. The firm in its corporate action to the Nigerian Stock Exchange (NSE) proposed a N7.00 (700 Kobo) dividend payout to shareholders compared to N8.00 (800 Kobo) paid […]
