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NIGERIAN BUSINESS NEWS

@centbank governor, Godwin Emefiele says Nigeria loses $20 billion in the oil palm industry. Here's how.
@cenbank has given banks a deadline to retrieve all bad notes in circulation. See the amount of bad notes in circulation.
@SECNigeria has inaugurated a board and here is the list.
Seplat Petroleum Development Company Plc, a foremost indigenous oil and gas firm, has announced the resignation of one of its non-executive directors and the appointment of a new company secretary.
Oando Plc has, through its lawyer indicated interest to join in the suit filed by its Group Chief Executive Officer against SEC.
Chemical and Allied Products (CAP) Plc, a subsidiary of UAC of Nigeria Plc, has declared a dividend of 290 kobo per share for the financial year 2018.
The performance of the Nigerian Equity Market remained bearish last week with the index (NSE ASI) trending downward by 0.65%.
Prudent Energy Services Limited, the new majority shareholder of Forte Oil Plc, is set to acquire fresh N22 billion worth of shares of the company.
@CadburyPlc has promised its shareholders that it will not relent in its effort to create more wealth and maintain its current dividend policy.
Promoters of the Badagry deep seaport have taken the Federal Government to court over the $2.6 billion contract for the deep seaport, the Managing Director of the Nigerian Port Authority (@nigerianports), @hadizabalausman disclosed.
Regency Alliance Plc's shareholders doesn't want to be paid dividend for 2018 FY. This, they said, is in lieu of NAICOM's pending recapitalisation quest.
Nigeria's airline operator, @flyairpeace, has reacted to the incident involving its plane at the Port Harcourt International Airport. Air Peace's Flight P47291 from Abuja to Port Harcourt had crashed landed on Saturday.