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Guinness shareholders approve N11.1 bn dividend, demands Bonus shares

Shareholders of Guinness Nigeria Plc, yesterday unanimously approved the N11.1 billion dividend declared by the Board of Directors of the company, even as they requested for a bonus issue.
The shareholders at the 59th Annual General Meeting (AGM) held in Lagos on Tuesday, approved the financial statement of Guinness Nigeria for the period ended 30th June, 2009.

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Banks lift infrastructure through PPP

STAKEHOLDERS accross the sub sectors have stated that banks have a role to play in the realization of the objectives of the Vision 20:2020 , through its partnership with government on the revamping of Nigeria’s old and decaying infrastructure and the provision of new economic and social infrastructure. This belief is anchored on the fact that the nation’s stock of decayed infrastructure has led to rising cost of doing business, declining profitability and the near collapse of the manufacturing sector in the country.

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