By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Beverage maker Nestle Nigeria Plc has increased its dividend payment by 30 percent in its 2013 audited year end and will pay 24.00 naira compared to 18.50 paid in 2012 end. From the company’s result released Wednesday to the Nigerian stock exchange (NSE) and made […]
Tag: Nigerian Stock exchange
Filing Financial Statements before Corporate Action Could Lead to Negative Reaction-NSE
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) Wednesday said filling financial statements before corporate action could lead to negative reaction as the market operators will not be aware that the company will declare dividends and or issue bonuses at a future date. The NSE in a statement […]
Wema Bank gets April deadline to restructure capital
The Nigerian Stock Exchange (NSE) has given Wema Bank April 2014 deadline to restructure its capital to comply with the minimum requirement of 20 per cent free float of shares of companies listed on the main board of the NSE. Companies listed on the Exchange are required to maintain a […]
