Japan’s government will sell around a third of its stake in Japan Tobacco Inc the world’s No.3 tobacco company, to raise about $10.4 billion for reconstruction of areas devastated by a 2011 earthquake and tsunami. The Ministry of Finance, which owns just over 50 percent of the $62 billion former […]
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Nigerian Breweries to pay N22.68 billion ($144 million) as dividend in 2012 End
By Our Correspondent Lagos (INVESTADVOCATE)-Brewing Giants, Nigerian Breweries Plc (NB) Friday said it will payout N22.68 billion ($144 million) as dividend to shareholders of the Company for the 2012 Financial Year End (FYE). This is contained in the Audited Financial Statement for the Period Ended December 31 2012 released to […]
Brazil-Nigeria Trade Hit $9bn In 2012, Says Visiting Brazilian President
Brazilian President, Ms. Dilma Rousseff, Saturday in Abuja, disclosed that the volume of trade between her country and Nigeria grew exponentially last year, hitting $9 billion . She said there was great hope of increasing the figure when further trade links across other sectors kick off with the expected establishment of […]

