Tag: 2013

Nestle Nigeria Board to Meet Over Dividend Payment

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nestle Nigeria Plc Tuesday announced that its board of directors will meet on Monday, February 24, 2014 to consider and recommend the payment of final dividend to the shareholders based on the audited accounts of the company for the year ended December 31 2013. The […]

Facebook Fourth Quarter Revenue Up 63%

Facebook has announced that its fourth quarter revenue in 2013 jumped 63% thanks to a boost in mobile advertising sales. The California-based social networking company earned $523m (£316m), between October and December last year. That is up $64m (£39m) from the previous year. Shares were up 7% at $57.36 (£34.64) […]

Nigeria’s Cocoa Output Seen by Industry Rising 10% in 2013-14

Cocoa output in Nigeria, the world’s fourth-biggest producer, is expected to advance by 10 percent in 2013-14 as rising prices last year lead to the planting of more disease-resistant beans, an industry group said. Cocoa rallied 21 percent in New York last year partly on speculation dry weather would damage […]