Archives for July, 2016 - Page 2
Oando Highlights Route To Profitability
Oando PLC, Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, has announced a billion profit in Q1, 2016 which buoyed investors and rallied the…
SEC moves to raise investor participation
The Securities and Exchange Commission (SEC), in a bid to deepen the nation's capital market, says it has resolved to raise the participation of retail investors in the market. This…
NCC decry multiple taxation impose on telecom operators
The Executive Vice-Chairman, Nigeria Communications Commission (NCC) Prof. Umar Dambatta, has decried the rate at which multiple taxation are being imposed on the telecom operators. Dambatta noted that aside from…
Tony Attah now NLNG boss … as Omotowa bows out
The Nigeria Liguefied Natural Gas (NLNG) limited has appointed Mr Tony Attah as its new Managing Director and Chief Executive Officer. According to the General Manager, External Relations, NLNG Kudo…
NLNG launches $2m engineering centre in University of Ilorin
Nigeria LNG Limited (NLNG), on Friday, commissioned the fourth state-of-the-art engineering laboratory in the implementation of its $12 million University Support Programme (USP) with the opening of the $2 million…
OKUNOREN Conferred with NANS National Award
National Association of Nigerian Student (NANS) has nominated and conferred on Mr. KayodeOkunoren, President, Nigerian Council of Registered Insurance Brokers (NCRIB), NationalOutstanding Leadership Award 2016. The award which was presented…
Skye Bank still belong to shareholders … new Chairman
The Chairman of Skye Bank Plc, Alh. Ahmad, has clarified that the reconstitution of the board of the bank by the Central Bank of Nigeria (CBN) was not a takeover…
Access Bank Wins 2016 Euromoney ‘Best Bank Transformation’ Award
One of the foremost Nigeria’s lender, Access Bank Plc has just been bestowed with the award of 'Africa's Best Bank Transformation’ in the Euromoney Awards for Excellence 2016. The award…
No Nigerian bank is in distress …CBN
The Central Bank of Nigeria (CBN) has assured Nigerians that no bank within the country is in distress. The apex bank in a statement signed by the acting director, corporate…
Oando reduces debt by 39.4 per cent in 2016 Q1
Oando Plc, Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange has disclosed that its debt profile has been substantially reduced from over N500 billion…