The Financial services sector recorded the highest trading volume for the week ended Friday, November 2, to sustain its dominance of the activity chart of the Nigerian Stock Exchange. With a traded volume of 1.081bn shares valued at N7.894bn traded in 13,880 deals, the sector accounted for 71.47 per cent, […]
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Resort Savings recorded N1bn loss in 2011 – Olayinka
Resort Savings and Loans Plc recorded a loss of N1bn in the year 2011. According to the company’s Managing Director, Mr. Abimbola Olayinka, the mortgage bank had a rough financial year in 2010, which resulted in the loss. He said, “The year 2011 has been a clean-up year for the […]
Guiness shareholders approve N8.00 dividend
Shareholders of beverage manufacturer, Guiness Nigeria Plc, have approved a dividend of N8.00 per share and scrip dividend representing one ordinary share for every 33 ordinary shares, the company has said. According to a statement by the Corporate Communications Manager, Guiness Nigeria Plc, Olayinka Edmond, the shareholders gave the approval […]
