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The Herald - Breaking news. - Vimarsana News

The Herald - Breaking news.

Zimbabwe's largest daily newspaper

Companies' dividends on shaky ground as devaluation bites - Vimarsana News

Companies' dividends on shaky ground as devaluation bites

Will Nigerian companies pay dividends: Some of Nigeria's biggest listed firms have recorded significant foreign exchange

What Access Bank's Africa expansion means for Nigeria - Vimarsana News

What Access Bank's Africa expansion means for Nigeria

The move by Access Bank Plc to expand its foray across other African countries through a series of acquisitions of smaller banks is seen to...

Breaking News | Business Nigeria's 2021 revenue reduced by N792.9bn due to OPEC deal cuts - Vimarsana News

Breaking News | Business Nigeria's 2021 revenue reduced by N792.9bn due to OPEC deal cuts

Views: Visits 49 When the Federal Government recently announced that it will be borrowing N895bn from dormant account balances and unclaimed dividends to shore up its revenue, so many frowned at this even though the very act itself is backed by a law President Muhammadu Buhari signed last year – the Companies and Allied Matters Act in the signed Finance Act 2020. That the FG resorted to borrowing from dormant account balances is evidence of the  dire economic situation the country has found itself in and in a bid to keep the nation afloat. And this may not be unconnected to a st...