Author: InvestAdvocate

Honeywell to invest $65 million towards capacity building, to pay 13 Kobo dividend 27 Sept.

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Honeywell Flour Mills Plc (Honyflour) operating in the Food/Beverages &Tobacco Sector of the Nigerian Stock Exchange (NSE) is seeking to invest $65 million about (N10 billion) in capacity expansion by building twin Mills. Folarinmi Babatunde Odunayo, Executive Vice Chairman/Chief Executive Officer (EVC/CEO) of the Company […]

Access Bank rewards investors with 20 Kobo interim dividend in Q2 of 2011

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Access Bank Plc has rewarded investors of the Bank with a 20 Kobo interim dividend payout in its Audited Second Quarter (Q2) Result for the period June 30 2011. This was contained in the Profit and Loss Information of the Bank on Wednesday released on […]

Islamic banking licensed in South-West in 1963 – Don

By Agency Reporter An Islamic Scholar and University of Ilorin Lecturer, Dr Ibraheem Abikan, has said that Islamic banking was first licensed in the South-West zone in 1963. Abikan made the disclosure on Monday in Ibadan while delivering the 13th Ramadan Lecture entitled, “Viability of Islamic Banking in Nigeria, Issues, […]