February 15, 2016/Reuters Nigeria’s state-backed “bad bank” AMCON said on Monday it was seeking prospective investors to buy Keystone Bank, the last of the nationalised banks yet to be sold. The Asset Management Corporation of Nigeria (AMCON) said in a public notice it had decided to divest its 100 percent […]
Tag: Investors
Forte Oil Says 2015 Pretax Profit up 16.7%, Offers Investors N3.45 per Share Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Forte Oil Plc said on Friday its pretax profit for the 2015 full year audited report climbed up 16.7 percent to N7.012 billion from N6.006 billion recorded a year ago. Similarly profit after tax (PAT) grew 30 percent to N5.794 billion from N4.457 billion […]
Investors to receive dividends in 24 hours – SEC
February 11, 2016/SEC For the first time in the history of any capital market in Africa, investors in the Nigerian Capital market are now to get dividend payment within 24 hours through the e-Dividend Payment Platform. Director General of Securities and Exchange Commission (SEC) Mounir Gwarzo made this disclosure at […]
