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  • Oando records 77% growth in profit

    Oando PLC – listed on both the Nigerian and Johannesburg Stock Exchange – at the weekend announced a group profit-before-tax of N23billion for the full year ended Decembe 31, 2010. This represents 77 per cent increase compared...

    • Posted April 4, 2011
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  • Jonathan approves second phase of rail repairs

    President Goodluck Jonathan has okayed the rehabilitation of the second phase of the nation’s rail networks. The approval covers the rail line from Port Harcourt, Rivers State to Maiduguri, Borno State, Transport Minister, Alhaji Yusuf Suleiman disclosed...

    • Posted April 4, 2011
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  • SEC retains interim members on NSE Council

    The Securities and Exchange Commission (SEC) has directed the Council of the Nigerian Stock Exchange (NSE) to admit some professionals, as public interest members, to strengthen the Council and support its new management team. A statement from...

    • Posted April 4, 2011
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  • Bank executives’pay not regulated, says CBN

    The Central Bank of Nigeria (CBN) has said it will not interfere with banks’mechanisms for determining executive compensations despite global demand that financial institutions match directors ’paywith performance. CBN Deputy Governor, Financial Systems Stability, Kingsley Moghalu, who...

    • Posted April 4, 2011
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