Author Archives: Supernews - Page 1091
CBN injects fresh loan to Skye Bank
The Central Bank of Nigeria, has injected fresh loan to Skye Bank Plc. to boost its liquidity after the lender breached requirements on capital and lending. The short-term lending…
Wema Bank profitability soars by 10 per cent
Wema Bank Plc’s has made an improved outing in its unaudited results for the six-month ended June 30th, 2016 as it posted a 10 per cent surge in its profitability.…
Lafarge Africa Half-year Profit dips N30bn
Lafarge Africa Plc, a leading cement and building solutions provider, has record loss to the tune of billion for the half year ended June 30, 2016 against a profit after…
NSE collaborates with Dangote Cement on price information scheme
The Nigerian Stock Exchange (NSE) has entered into a contract to provide Dangote Cement Plc its Issuers Share Price Information service. The Issuers Share Price Information is an offering that…
PenOp calls for prudent pension funds investment
In a bid to ensure sustenance of gains recorded by the Contributory Pension Scheme (CPS) in the last 11 years, the Pension Fund Operators Association of Nigeria (PenOp) has called…
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…
