Tag: Investors

Wema Bank Says AMCON Takeover False

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Wema Bank Plc Friday said the report that the Asset Management Company of Nigeria (AMCON) will takeover the bank is false. Apart from that, the bank in a Statement obtained by InvestAdvocate said the report was also fraught with irregularities and misrepresentation of facts relating […]

Oando Plc Pays N5.1 Billion Dividend to shareholders

Press Release Lagos, Nigeria – Oando PLC (referred to as “Oando” or the “Group”), sub-Saharan Africa’s largest integrated energy group with a primary and secondary listing on the Nigerian Stock Exchange and Johannesburg Stock Exchange, has made a total dividend payout in the sum of N5.1 billion to its shareholders […]

Investors pull $7.7 billion from Pimco Total Return in August: Morningstar

The Pimco Total Return Fund, the world’s largest bond fund, had $7.7 billion in net cash outflows in August, marking the fourth straight month of withdrawals from the fund, estimated data from Morningstar showed Wednesday. Outflows from the fund, which is run by Pimco founder and co-chief investment officer Bill […]