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Afriland Properties to distribute 125m shares to shareholders

Investors holding back on the Nigerian property market despite opportunities

The Nation reports that the Board of Directors of Afriland Properties Plc has recommended distribution of about 124.9 million ordinary shares of 50 kobo each to shareholders of the company as bonus shares for the immediate past business year. Shareholders in the book of the company as at the close of business on Tuesday, March 7, 2017 will receive one ...

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