Morgan Stanley’s (MS.N) real estate unit, Morgan Stanley Real Estate Funds, is looking to raise between $1 billion and $3 billion for a global property fund, the Wall Street Journal reported, citing people familiar with the discussions. Morgan Stanley executives have begun talks with pension funds and other prospective investors, […]
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Shareholders approve Lafarge’s N3.6bn dividend
Shareholders of Lafarge Cement WAPCO Nigeria Plc have unanimously approved a total dividend of N3.602bn proposed by the company as gross dividend for the year ended December 31, 2012. This amount translates into a dividend payout of N1.20k per share, and represents an increase of 60 per cent over 75 […]
Dangote Cement Pays N51bn Dividend
By InvestAdvocate The Chairman of Dangote Cement Plc, Alhaji Aliko Dangote has assured shareholders of the company of higher performance and returns, given the huge investments it is making on its expansion within and outside Nigeria. The leading manufacturing giant recorded a profit after tax of N149.632 billion, up from […]
