Shareholders of Julius Berger Nigeria Plc, have approved N2.88bn dividend to be paid to them for the 2011 financial period. The approval was given in Abuja on Thursday during the company’s 42nd Annual General Meeting. The amount represents a dividend pay-out of N2.40 per share and it is 20 per […]
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Oil near $91, up from 18-mth low; as Gulf storm builds
Brent oil futures closed about 2 percent higher near $91 a barrel on Friday as it rebounded on bargain hunting after prices earlier fell to an 18-month low and U.S. crude futures rose in reaction to a potential storm in the Gulf of Mexico that could disrupt production. An action […]
Spain to stress test banks again, focus on seven
Spain will carry out yet another stress test of its banks by October with a focus on seven lenders, documents released after an independent audit of the banking sector showed on Friday. Doing the test gives Spain at least two more months to negotiate for direct cash injections into lenders […]
