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in DIVIDENDS - 04 Jul, 2014
by Ugometrics - 4 comments
Finance 2

As audited accounts start to trickle in companies will propose dividend payments to their shareholders as recommended by their respective boards. It is also important to track this announcements as dividend payment affect share prices both ways and also determines who is eligible for dividend based on closure of register. This page will be updated […]

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in BUSINESS NEWS - 24 Jul, 2014
by Ugometrics - no comments

Looks like Vconnect is moving into the online deals space but in a different fashion. As the article below suggest, the company’s model is to direct consumers to deals and offer coupons on their website. They are basically taking on Deal Day here which is interesting. Follow the link below for the article. – read […]

in BUSINESS NEWS - 24 Jul, 2014
by Ugometrics - no comments

This from Thisday; Unity Bank Plc has announced the disengagement of over 170 staff members. The bank also disclosed that it recently recruited about 300 new members of staff, mostly at entry levels. The exercise is in a bid to right size its workforce and position the bank for sustainable quality banking services across its […]

in BUSINESS NEWS - 24 Jul, 2014
by Ugometrics - no comments

What is it about Kogi State that attracts so big business? Dangote Cement, Transcorp’s Sugar Concentrate Biz etc. Anyway here is the article; The Independent Petroleum Marketers Association of Nigeria (IPMAN) along with some core investors from Peru, South America, is to cite two petrochemical refineries in Kogi and Bayelsa States. – read more >>

in BUSINESS NEWS - 24 Jul, 2014
by Ugometrics - no comments

Reuters reports the World Bank has advised Ethiopia to consider devaluing its currency to boost exports as they are mostly unprocessed products and need to stay competitive on price, a World Bank economist said on Tuesday. – read more >>

in BUSINESS NEWS - 24 Jul, 2014
by Ugometrics - no comments

Nigeria is Africa’s most populous country and its largest economy, yet it is little understood outside the region – and its rapid economic development has been overshadowed by global coverage of recent terrorism incidents. – read more >>

in BUSINESS NEWS - 24 Jul, 2014
by Ugometrics - no comments

Can’t be this bad for an airline. Check out this quote from Quartz The airline is worth 75% less than what is was last year and is losing $1.6m a day.Following last week’s crash, it offeredpassengers refunds on any tickets purchased for flights to be taken this year.Now seems like a good time to act on the “sweeping change” the […]

in COMPANIES - 23 Jul, 2014
by Ugometrics - no comments

Presco profits was down 64% in 2013 due to revenue drops, write offs and interest cost. In fact IFRS was basically to blame. Here is what the Chairman had to say from an article I culled this up from The Nation “Mr. Pierre Vandebeeck, blamed the decline on the provisions of the International Financial Reporting […]

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in BUSINESS NEWS - 23 Jul, 2014
by Ugometrics - no comments

Everyday in the news I come across numbers that just blow my mind. This time it is malaria. Leadership Newspaper quoted the registrar, Environmental Health Officers Registration Council of Nigeria (EHORECON), Augustine Ebisike, who claimed he got his figures as follows. – read more >>

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in BUSINESS NEWS - 23 Jul, 2014
by Ugometrics - no comments

The head doctor fighting the deadly tropical virus Ebola in Sierra Leone has himself caught the disease, the government said. The 39-year-old Sheik Umar Khan, hailed as a “national hero” by the health ministry, was leading the fight to control an outbreak that has killed 206 people in the West African country. Ebola kills up […]

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in BUSINESS NEWS - 23 Jul, 2014
by Ugometrics - no comments

PayPal has signed up “tens of thousand” of Nigerians in its first week of operating in Africa’s biggest economy, with consumers already purchasing items from Britain, China and the United States via its online platform, a company official said.  – read more >>

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