Tag: Investors

Transcorp of Nigeria Falls Most in a Month as Profit Slumps

Transnational Corp. of Nigeria Plc, which invests in hotels, agriculture and energy, fell the most in more than a month after profit for 2012 retreated 58 percent. The stock declined for a second day, losing 7 percent to 1.20 naira by 2:20 p.m. in Lagos, Nigeria’s commercial capital, the biggest […]

UBA Proposes 50 Kobo Dividend in 2012 End

By InvestAdvocate Lagos (INVESTADVOCATE)-United Bank for Africa Plc (UBA) Thursday proposed to offer investors of the  bank a 50 kobo dividend for its 2012 audited year end. According to the corporate action of the bank released to the Nigerian Stock Exchange (NSE)in Lagos Nigeria, qualification dateMay 212013, closure date of […]

Three of JPMorgan’s top investors undecided on Dimon’s roleL: WSJ

JPMorgan Chase & Co has yet to convince three of its largest shareholders to support the company in an upcoming vote on whether Jamie Dimon should retain both his CEO and Chairman titles, the Wall Street Journal said. Some investors are pushing for a separation in Dimon’s roles and seeking […]