Oando PLC (‘Oando’) reacts as follows: We state categorically that Mr. James Ibori does not own ‘a large part of Oando’ and that this statement is incorrect and misleading. Oando is a publicly traded company listed on the Nigerian and Johannesburg Stock Exchanges and does not and cannot control the […]
Tag: Nigerian Stock exchange
Guinness Nigeria Offer Investors -12.5% Lower Dividend in 2013
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guinness Nigeria Plc Monday offered investors of the company a -12.5% lower dividend in its 2013 audited year. The firm in its corporate action to the Nigerian Stock Exchange (NSE) proposed a N7.00 (700 Kobo) dividend payout to shareholders compared to N8.00 (800 Kobo) paid […]
Dividend: NSE adjusts prices of three equities
The Nigerian Stock Exchange has adjusted the prices of three equities for dividend payment. The NSE’s report for the week ended September 13, 2013, said the decision to adjust the prices followed the recommendation of the boards of the companies. The companies affected are Honeywell Flour Mills Plc, Continental Reinsurance […]
