Coca-Cola has kicked off its latest global campaign, Crazy for Good, in Nigeria.

Following the launch of “project cashless lagos” which was launched last year by Central Bank of Nigeria (CBN) in Lagos state as pilot scheme to help discourage the use of cash in day-to-day transactions, the CBN, having recorded success in the pilot has concluded arrangement to introduce its cashless policy in Abuja and 5 other states around the country.

The Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, has chided banks in the country, blaming them for frustrating the successful disbursement of the N450 billion intervention fund of the Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending, NIRSAL, programme. The programme is being promoted by the Central Bank of Nigeria, CBN.

Dividends are declared from the profits made by a company on the recommendations of the company’s directors. The recommended dividends are approved for each financial year at the company’s Annual General Meeting, AGM, following the end of the financial year. However, the company’s directors may declare an interim dividend, which is paid to the shareholders during the financial year.

The era of praising singing shareholding may be coming to an end, as an emergent shareholder group, Association of Avid Shareholders, has vowed to hold managers of quoted companies and regulators of capital market to highest level of accountability and integrity.

Chams Plc recorded 107 per cent growth in profitability to N87.5 million for the operating year ended 2012 from a net loss of N1.24 billion the previous year.

A new report on Nigeria Banks released by Citi Bank has advised portfolio investors who want to buy shares in Nigeria banks to buy Access Bank Plc, United Bank for Africa (UBA) Plc, Zenith Bank PLC and First Bank.

Nigeria ranks 115 out of 144 countries on the global competitiveness index polled to underscore the relevance of quality science andtTechnology infrastructure in economic development.

FRESH details on how two-time Second Republic Minister, Senator Wahab Dosunmu, died has emerged.

As thieves siphon 200,000 barrels a day in Nigeria, Petroleum Minister, Mrs. Diezani Alison-Madueke, in a recent interview said she is determined to crack down on the country’s £1billion-a-year ‘blood oil’ industry, as the well-resourced gangs are diverting some 10 per cent of the country’s oil production and channelling the money into kidnapping, piracy and […]

On the list of top ten performing stocks last week were Livestock Feeds, Chemical and Allied Products Plc, Eterna Plc, May & Baker Plc, Neimeth International Pharmaceuticals Plc and Fidson Healthcare.

The Federal Government has approved plans by the Bank of Industry (BOI) to shore up its capital base by N750 billion.

I need update on Nigeria Bottling Company I have  200 shares of Nigeria Bottling Company but for a long time now I have not heard anything from them. Have they delisted me? (Ovierume Kayode) Investors Forum Nigeria Bottling Company voluntarily delisted from the stock exchange in 2011. This was because Coca Cola wanted to invest […]

The Nigerian Content Development Monitoring Board, NCDMB, said Nigeria will earn about $300 million (N47.7 billion) annually or $1.2 billion (N190.8 billion) over the next four years, between 2013 and 2017, in the local production of steel pipes for the exploration and production of crude oil in Nigeria.

As part of activities marking the World Environmental Day, WED, Chevron Nigeria Limited, CNL, has reiterated its commitment to the preservation of the environment as a condition for doing business anywhere in the world.