Fellow Nairalanders,

For those that have invested in UBA shares earlier this year, the time of reward has come. The bank is paying a dividend of 1N per share and a bonus of 1 for 10. For savvy investors , the news is hardly a surprise.  The reward could have been considerably higher but for merger induced costs that were  written off from the books of the bank.  For some of us that bought the shares when it was squarting pretty at N13- N14, We could hardly have made a better investment decision at the time( less than 4months ago). I have recommended UBA and Oceanic in my earlier post , and am glad the bank did not dissapoint investors.

Lets see what oceanic will come out with!

Happy investing!

Congratulations pal, but what is your take on Dangote sugar & Dunlop offers? Do you think they are attractive or should i look elsewhere?! Or better still if you were to choose from either, which would you go for?

both seems like good offers. but my bet is on Dangote. I actually posted something on Dangote shares titled" Inpending Dangote IPO''. lots of people contributed to that thread. If you read through it, you can make up your mind on what to buy. Personally, I will go for Dangote.

hi Ebony, would go and check up the posting right away. Thanks.