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  • A 100 Days Tarred By Terrorism [Editorial]

    Again Jos, a beehive of vacation and tourist activities was in the news. This time a family of eight was brutally sent to their early grave. It is not news that this happened. But what is news...

    • Posted September 5, 2011
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  • Oando pays N5.4b dividend to shareholders

    Shareholders of Oando PLC, sub-Saharan Africa’s largest integrated energy group with a primary and secondary listing on the Nigerian Stock Exchange and Johannesburg Stock Exchange, has received a total dividend payout of N5.4 billion on August 31, this year....

    • Posted September 5, 2011
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  • All Set for Offshore Europe oil and gas conference in Aberdeen

    ABERDEEN CITY and Shire will host a wealth of local organisations and businesses at Offshore Europe 2011 this week. This year’s Offshore Europe oil and gas conference and exhibition runs from Tuesday to Thursday at the Aberdeen...

    • Posted September 4, 2011
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  • NBC Appoints Segun Ogunsanya As MD

    Nigerian Bottling Company Plc has appointed Mr. Segun Ogunsanya as the new Managing Director. His appointment took effect from September 1. In a statement signed by the Head, Public Affairs and Communications, Mrs. Adeyanju Olomola, SegunOgunsanya, joins...

    • Posted September 4, 2011
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  • Ozza Joint Ventures plans $100m oil refinery in Abia

    A consortium of indigenous oil refinery companies known as Ozza Joint Ventures Oil Field Limited is to start refining crude oil in Umuokwo, Ukwa West of Abia State with a whopping sum of $100 million. The consortium,...

    • Posted September 3, 2011
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  • Union Bank Shareholders to Meet Sept. 30 on core Investor

    Union Bank Nigeria Plc (UBN), a lender bailed out by the central bank in 2009, said shareholders would meet on Sept. 30 to approve an agreement between the bank and its core investor, African Capital Alliance Consortium....

    • Posted September 3, 2011
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  • Oceanic Bank to transfer 40.17 pct to Ecobank

    Nigeria’s rescued lender Oceanic Bank said on Friday it would seek shareholders’ approval for the transfer of 40.17 percent of its holdings to Ecobank Transnational Incoporation , which it signed a merger deal with last month. In a...

    • Posted September 2, 2011
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  • Access Bank says Intercontinental Bank shareholders to get 10 pct

    Access Bank Plc said, yesterday, that shareholders of Intercontinental Bank Plc will be left with 10 per cent of their holdings in the new entity that will emerge after the conclusion of the proposed merger scheduled to...

    • Posted September 2, 2011
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  • Custodian Insurance announces share buy-back

    Custodian and Allied Insurance Plc. announced the country’s first share buy-back on Friday, a move expected to be followed by other companies with depressed share prices and flush with cash. Advisors to the general and motor insurance...

    • Posted September 2, 2011
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  • Daily Stock News (Sep 1,2011)

    Equity market extends the losing streak for eight straight days in a row as bearish sentiments continued to dominate market atmosphere while investors still lack bargain confidence towards investments in equities with market recording four losers for...

    • Posted September 1, 2011
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