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ASHON to attract more retail investments

The Association of Stockbroking Houses of Nigeria has intensified its efforts towards attracting more investment into the Nigerian capital market. Specifically, the association said that it would concentrate on retail investors, especially those who fled the market in the wake of the crises in 2008. The Chairman, ASHON, Mr. Emeka […]

Dangote Cement Offer Investors 140% dividend Rise

By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)- Dangote Cement Plc (DANGCEM) Wednesday increased its dividend payout to investors by 140 percent (140%) for the Audited Year Ended December 31 2012. DANGCEM proposed N3.00 for the review period compared to N1.25 paid in 2011 end; indicating an increase of 140%. The Company […]

Ford first quarter profit rises 15 pct to $1.6b

Ford 1st quarter profit up 15 pct to $1.6b, strength in North America overcomes Europe losses Ford says net income rose 15 percent in the first quarter to $1.6 billion as record North American profits overcame weakness in Europe and South America. Ford beat Wall Street’s forecast with earnings of […]