Company News
All the latest Nigerian company news, market intelligence and analysis
How Nice! Presco Chairman Blames Poor 2013 Results On IFRS
Presco profits was down 64% in 2013 due to revenue drops, write offs and interest cost. In fact IFRS was...
Read moreDetailsOfficial: Zenith Bank Confirms Jim Ovia as New Chairman – NSE
It appears the news early last week that Jim Ovia will be confirmed as Chairman of Zenith Bank has now...
Read moreDetailsOfficial: Oando Acquires Medal Oil Giving It 100% Ownership of OML 131
Oando today released this statement; Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company”) (TSX: OER), a company focused...
Read moreDetailsGuinness Plans To Expand Its Retail Presence Starting With 9,200 Outlets.
Guinness Nigeria Plc is set to expand its retail outlets in the country, using its newly-introduced Retail Loyalty Programme. This...
Read moreDetailsOfficial: Caverton Group Announce New MD For Caverton Helicopters
Caverton Offshore Support Group made the following announcements on the floor of the NSE. Caverton Offshore Support Group Plc notified...
Read moreDetailsC.O.P Deal: Oando Increases Its Stake in OER to 93.6% Via Debt Conversion
Reuters reports; Nigeria's Oando Plc has converted a $218.9 million loan to its Toronto-listed unit Oando Energy Resources (OER) to equity,...
Read moreDetailsBIG DEAL: Lafarge Shareholders Also Gives Approval For N100billion Debt or Equity
LAGOS, July 9 (Reuters) - Shareholders in Lafarge Wapco , the Nigerian unit of French cement maker Lafarge ,...
Read moreDetailsNPF Microfinance Bank Just Appointed A Managing Director That Shows What It Means To Rise Through The Ranks
NPF Microfinance Bank just appointed a new MD, Mr Akinwumi Mohammed Lawal. I was reading his CV and was blown...
Read moreDetailsThis Article Is The Best I’ve Seen Exlpain The FBNH Takeover of Oasis Insurance
FBN Holdings has activated its billion-naira takeover bid for minority shareholdings in Oasis Insurance Plc. FBN Holdings is making the...
Read moreDetailsOfficial: Oando & Conoco Philips Choose July 31, 2014 As Completion Date For COP Deal
This here from Oando Energy Resources; CALGARY, ALBERTA June 30, 2014 – Oando Energy Resources Inc. (“Oando Energy Resources” or...
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