Wed Apr 27, 2016/Reuters Nigeria’s biggest banking group FBN Holdings has no need to tap equity markets after an unexpected 119 billion naira ($600 mln) loan loss provision last year but will keep loan growth flat to boost capital, its CEO said on Wednesday. CEO Urum Kalu Eke said the […]
Tag: Equity
Allan Gray Fund Offer Investors $4.2344 Dividend per Share
Click here to view full Corporate Action By InvestAdvocate Lagos (INVESTADVOCATE) – Allan Gray International Proprietary Limited, privately owned investment manager in Africa on Wednesday proposed to offer investors $4.2344 per share dividend to shareholders. Directors of the Fund for the time-being said the Fund duly organised and exiting under […]
Unit holders get dividends as UAML funds thrive
Unit holders of UBA Asset Management Limited-managed funds are set to get returns on their investments via dividends, following an improved performance by the fund. UAML manages four funds – the UBA Equity Fund, UBA Money Market Fund, UBA Bond Fund and UBA Balanced Fund, all of which made returns […]
