Conoil Plc's shareholders unanimously approve N1.4 billion dividends

Conoil Plc's shareholders unanimously approve N1.4 billion dividends    Nairametrics Conoil shareholders get N1.4b dividend    The Nation Newspaper Conoil assures shareholders of improved returns    Vanguard Conoil grows profit to N2.6bn    The Punch Conoil Shareholders Approves N1.4bn Dividend as Coy Promises Higher Returns    THISDAY Newspapers View full coverage on Google News read more

Financial statements: NSE fines Flour Mills, eight others

Financial statements: NSE fines Flour Mills, eight others    The Punch Feyisayo Popoola The Nigerian Stock Exchange has fined Flour Mills of Nigeria Plc, Union Bank Nigeria Plc, Conoil Plc and six other companies N14.... read more

African Automotive Lubricants Market Report, 2019-2029 with Profiles on 18 Key Players - ResearchAndMarkets.com

African Automotive Lubricants Market Report, 2019-2029 with Profiles on 18 Key Players - ResearchAndMarkets.com    Business Wire DUBLIN--(BUSINESS WIRE)--The "The African Automotive Lubricants Market Report 2019" report has been added to ResearchAndMarkets.com's offering. read more

Nigeria: Stock Prices' Free Fall Widens Investment Opportunities

Nigeria: Stock Prices' Free Fall Widens Investment Opportunities    AllAfrica.com The Nigerian equity market is offering long-term investors opportunities to invest as most of the stock prices have declined significantly below their opening ... read more

NSE postpones Airtel listing, insists on due process •lifts suspension on Conoil shares

NSE postpones Airtel listing, insists on due process •lifts suspension on Conoil shares    The Punch Feyisayo Popoola Barely two hours to the planned listing of Airtel Africa Plc's shares on the Nigerian Stock Exchange on Friday, the bourse announ... read more

Again, NSE suspends trading in Conoil shares over late filing of account

Again, NSE suspends trading in Conoil shares over late filing of account    Daily Trust The Nigerian Stock Exchange (NSE) has suspended trading on the shares of Conoil Plc and 11 others for failing to file its accounts by the expiration of the ... read more

Nigeria Lubricants Markets, 2011-2017 & 2018-2022

Nigeria Lubricants Markets, 2011-2017 & 2018-2022    GlobeNewswire Dublin, April 10, 2019 (GLOBE NEWSWIRE) -- The "Nigeria Lubricants Market Outlook to 2022- By Type of Lubricant (Engine Oil, Industrial Oil, Transmission Oil, ... read more

NSE Identifies Lafarge, Conoil, 32 Others As Companies That Fell Short of Minimum Listing Standard

NSE Identifies Lafarge, Conoil, 32 Others As Companies That Fell Short of Minimum Listing Standard    Proshare Nigeria Limited The Nigerian Stock Exchange, in its latest X-Compliance Report of June 14, 2019, has identified thirty-four (34) companies that fell short of the minimum listing ... read more

Gunmen Attack Conoil Facility In Bayelsa

Gunmen Attack Conoil Facility In Bayelsa    SaharaReporters.com Our early-hour strike of 12:20am on 4th January, 2019 at Angle2 field of Conoil is just a warning to Conoil, King Solomon Eddy and his cartel. If Conoil and King ... read more

3Q 2018: Growth in sales pushes Conoil Plc’s PAT to N1.6bn

3Q 2018: Growth in sales pushes Conoil Plc’s PAT to N1.6bn    NIGERIAN TRIBUNE Major petroleum products marketer, Conoil Plc, has reported growths in its unaudited third quarter results for the current financial year. read more

CONOIL Appoints Ismail Salam As Acting Executive Director Finance

CONOIL Appoints Ismail Salam As Acting Executive Director Finance    Proshare Nigeria Limited The management of Conoil Plc would like to notify the NSE, its esteemed shareholders, stakeholders and the general public of the Board appointment of Mr. read more

Aviation fuel scarcity: MOMAN promises to fill gap

Aviation fuel scarcity: MOMAN promises to fill gap    Vanguard Nigeria News - The Major Oil Marketers Association of Nigeria (MOMAN) has urged airlines and air travellers not to panic over reports of aviation fuel... read more

Conoil declares N1.4bn dividend

Conoil declares N1.4bn dividend    Punchng 'Femi Asu Conoil Plc, an indigenous petroleum marketing company, has proposed N1.4bn as dividend payout to its shareholders for its last financial... read more

Conoil promises shareholders higher returns on investment

Conoil promises shareholders higher returns on investment    Punchng 'Femi Asu. Conoil Plc, a petroleum marketing company, has said it will build a stronger financial position and create higher value for its shareholders to maintain ... read more

Conoil Plc Announces Board and Management Changes

Conoil Plc Announces Board and Management Changes    Proshare Nigeria Limited The Management of Conoil Plc would like to notify its esteemed shareholders, stakeholders and the general public of the recent changes in the Board and ... read more

Nigeria: Mike Adenuga - 66 Cheers to a Digital Guru (II)

Nigeria: Mike Adenuga - 66 Cheers to a Digital Guru (II)    AllAfrica.com Opinion - His blossoming career, one recalls, started in 1990, when he received a drilling license from the regime of then military President Gen. Ibrahim ... read more

NSE suspends trading on Conoil shares

NSE suspends trading on Conoil shares    Premium Times The Nigerian Stock Exchange (NSE) on Monday suspended trading in the shares of Nigerian oil firm, Conoil Plc. The Nigerian bourse announced the ... read more

WorldWide Africa Engine Oil Market, Industry / Sector Analysis Report, Regional Outlook & Competitive Market Share & Forecast, 2019-2025

WorldWide Africa Engine Oil Market, Industry / Sector Analysis Report, Regional Outlook & Competitive Market Share & Forecast, 2019-2025    Honest Businessman Trusted Business Insights presents the Latest Study on Africa Engine Oil Market 2019-2025. The report contains market predictions related to market size, ... read more

No Cause For Panic Over Fuel Scarcity, Oil Marketers Assure Nigerians

No Cause For Panic Over Fuel Scarcity, Oil Marketers Assure Nigerians    SaharaReporters.com Clement Isong, the Executive Secretary, Major Oil Marketers Association of Nigeria (MOMAN), has assured Nigerians that there is no risk of possible fuel scarcity ... read more

Oil marketers are making losses, closing shop —MOMAN

Oil marketers are making losses, closing shop —MOMAN    The Punch 'Femi Asu The Major Oil Marketers Association of Nigeria has said most oil marketing companies in the country are running at a loss, while many ha... read more

Conoil appoints Kheterpal as acting managing director

Conoil appoints Kheterpal as acting managing director    Daily Trust The management of Conoil Plc has announced the appointment of Mr. Hardeep Kheterpal as Acting Managing Director and member of its board. Mr. Kheterpal ... read more

Shares glut looms as investors’ losses hit N1.68tr

Shares glut looms as investors’ losses hit N1.68tr    The Nation Newspaper Several companies went on offer without bids as continuing decline in share prices at the Nigerian equities market worsened investors' losses to N1.68 trillion at ... read more

Canadian oil worker kidnapped in Nigeria - Radio Canada International

Canadian oil worker kidnapped in Nigeria    Radio Canada International - ENGLISH A Canadian oil worker is among two foreigners and a Nigerian national who were kidnapped by unknown gunmen from an oil rig in Nigeria's Delta region over ... read more

MTN, Vitafoam, 10 others push stock market higher

MTN, Vitafoam, 10 others push stock market higher    The Punch Market capitalisation rises by N480bn 'Femi Asu The nation's stock market extended its gaining streak on Wednesday to the fifth straight day on ... read more

Conoil Plc declares N2.15bn dividend

Conoil Plc declares N2.15bn dividend    NIGERIAN TRIBUNE CONOIL plc, has declared a total of N2.15 billion as total dividend pay out to its shareholders for its 2016 financial year in the face of acute local and. read more

Stock market extends decline, investors lose N708bn

Stock market extends decline, investors lose N708bn    The Punch Feyisayo Popoola The stock market extended its losing streak on Thursday as it shed N87bn, bringing the total losses to N708bn in seven days. The... read more

Conoil posts N24b revenue, N3.3b profit in Q1

Conoil posts N24b revenue, N3.3b profit in Q1    Guardian Nigeria Conoil Plc has sustained its growth profile for the first quarter (Q1) ended March 31, 2017, as the firm last week reported revenue of N24.474 billion showing an ... read more

A Look Into The Lives Of Africa's “April Bulls”- Dangote And Adenuga

A Look Into The Lives Of Africa's “April Bulls”- Dangote And Adenuga    Guardian Nigeria Everyone is unique. However, people born in April have a common trait: They are born leaders. Known for being tenacious and determined in meeting their ... read more

Honeywell Flour Net Profit Decline By 98%

Honeywell Flour Net Profit Decline By 98%    Leadership Newspaper Honeywell Flour Net Profit Decline By 98% Honeywell Flour Mills Plc has recorded a decline of 98.46 per cent in its net profit for the year ended March 31, 2019. read more

Nigeria Lubricants Market Outlook to 2022: Increasing Demand for Synthetic Lubricants

Nigeria Lubricants Market Outlook to 2022: Increasing Demand for Synthetic Lubricants    PRNewswire DUBLIN, April 18, 2019 /PRNewswire/ -- The "Nigeria Lubricants Market Outlook to 2022- By Type of Lubricant (Engine Oil, Industrial Oil, Transmission Oil, ... read more

The Nigerian Downstream Oil and Gas Sector Update - In Dire Need of Complete Deregulation

The Nigerian Downstream Oil and Gas Sector Update - In Dire Need of Complete Deregulation    Proshare Nigeria Limited The Nigerian downstream sector broadly categorised into the refining and marketing segments of petroleum products have continued to underperform despite ... read more

Senate approves N69bn subsidy payment for 20 oil marketers

Senate approves N69bn subsidy payment for 20 oil marketers    The Punch Sunday Aborisade, Abuja The Senate on Tuesday approved the payment of N68.9bn as outstanding subsidy claims to 20 petroleum marketers. The break... read more

Stock market sheds N150bn as losses persist

Stock market sheds N150bn as losses persist    The Punch Feyisayo Popoola. Losses in the nation's intensified on Wednesday as investors counted losses totalling N150bn since the beginning of August. The stock ... read more

Nigeria: A Look Into the Lives of Africa's April Bulls - Dangote and Adenuga

Nigeria: A Look Into the Lives of Africa's April Bulls - Dangote and Adenuga    AllAfrica.com Everyone is unique. However, people born in April have a common trait: They are born leaders. Known for being tenacious and determined in meeting their ... read more

Investment expert bets on GTB, FlourMill, Stanbic IBTC shares

Investment expert bets on GTB, FlourMill, Stanbic IBTC shares    Vanguard AS the year rolls to an end, an investment expert, Mr. Bismarck Rewane, Chief Executive, Financial Derivative Company, FDC, has advised investors to look at ... read more

The Nigerian Stock exchange launches X-Pay, its own e-payment platform

The Nigerian Stock exchange launches X-Pay, its own e-payment platform    Pulse Nigeria X-Pay is a value-added *service* that accepts VISA, MasterCard Verve and UnionPay credit and debit cards. The Nigerian Stock Exchange has launched X-Pay, ... read more

Fuel queues back at filling stations in Lagos

Fuel queues back at filling stations in Lagos    The Nation Newspaper Many petrol retail outlets in Lagos and Abuja yesterday closed shops while the few that sold had long queues as motorists waited to fill their vehicles' tanks and ... read more

PAC Holdings leads Green Finance Campaign for Sustainable Environmental Projects

PAC Holdings leads Green Finance Campaign for Sustainable Environmental Projects    Proshare Nigeria Limited PanAfrican Capital Holdings (PAC Holdings) has taken the front burner on the campaign for green finance to ensure sustainable environmental projects. read more

N800bn subsidy debts: Oil marketers seek FG quick settlement

N800bn subsidy debts: Oil marketers seek FG quick settlement    Pulse Nigeria The marketers, under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) and Depot and Petroleum Products Marketers Association (DAPPMA), ... read more

MOMAN gets new executive secretary as Olawore retires

MOMAN gets new executive secretary as Olawore retires    Punchng 'Femi Asu The Major Oil Marketers Association of Nigeria has announced the appointment of Mr. Clement Isong as its new executive secretary followi... read more

EFCC recovers N328.9 billion from Conoil, Oando, 7 others

EFCC recovers N328.9 billion from Conoil, Oando, 7 others    Premium Times The Economic and Financial Crimes Commission, EFCC, says it has recovered a total of N328.9 billion from nine major oil marketers in one year. read more

CONOIL Appoints Mr Tejbir Singh Sawhney as Acting Managing Director

CONOIL Appoints Mr Tejbir Singh Sawhney as Acting Managing Director    Proshare Nigeria Limited We refer to our letter dated 14th April 2016 that was uploaded on the X-Issuers Portal in connection with the above-mentioned Meeting. read more

BUSINESS1 hour ago Huawei H1 Revenue Rises By 23% Despite US Trade Restriction

BUSINESS1 hour ago Huawei H1 Revenue Rises By 23% Despite US Trade Restriction    Leadership Newspaper Huawei Technologies has announced a 23.2 per cent revenue increase in its first half 2019 financial results to $58.3 billion (CNY401.3 billion) over the same ... read more

NPF microfinance bank records 69% fall in profitability

NPF microfinance bank records 69% fall in profitability    Vanguard Nigeria News - NPF Microfinance Bank (MfB) Plc has recorded 69 percent decline in its Profit After Tax, PAT, which fell to N195.7 million in. read more

Shareholders of Conoil approve N2.15b dividend

Shareholders of Conoil approve N2.15b dividend    Guardian Nigeria Shareholders of Conoil Plc, at the weekend, commended the company's board on its improved performance, even as they approve its N2.15billion total dividend ... read more

Mike Adenuga: 66 cheers to a digital guru

Mike Adenuga: 66 cheers to a digital guru    Guardian It was Plato who, during the Golden Age, when history was rising as a major sign of the growing sophistication of the Athenian society, declared that a life not ... read more

How Conoil overcame economic recession

How Conoil overcame economic recession    Guardian Nigeria That the Nigerian oil and gas industry is in dire strait is not in doubt. With the slump in global oil prices and declining oil output, Nigeria, Africa's largest oil ... read more

Lack of deregulation worries petroleum marketing firms

Lack of deregulation worries petroleum marketing firms    Punchng 'Femi Asu Petroleum marketing companies in the country have said the lack of deregulation in the downstream sector of the nation's oil and gas sec... read more

Here's how much these 9 Nigerian billionaires have lost in the last 6 months

Here's how much these 9 Nigerian billionaires have lost in the last 6 months    Pulse Nigeria Nine Nigerian billionaires lost over N500 billion of their fortune to the Nigerian stock market dip in the last first half of 2018. read more

Fuel scarcity bites harder in South West

Fuel scarcity bites harder in South West    The Punch FEMI MAKINDE, FEMI ASU, ABIODUN NEJO, PETER DADA and BOLA BAMIGBOLA Fuel queues, which surfaced last week in some parts of the country, grew ... read more

Nigerian Billionaire Mike Adenuga Might Be Africa's Richest Man

Nigerian Billionaire Mike Adenuga Might Be Africa's Richest Man    Forbes Mike Adenuga, a Nigerian oil and telecoms tycoon, might be Africa's new richest man. In March this year, Forbes published its annual rankings of the world's ... read more

Nigerian Billionaire Mike Adenuga Receives Highest National Honor In Ghana

Nigerian Billionaire Mike Adenuga Receives Highest National Honor In Ghana    Forbes Now Nigerian billionaire Mike Adenuga has been conferred with the Ghanaian national award of 'Companion Of The Star of Ghana', the highest national honors in ... read more

Conoil expands retail business, invests N400m

Conoil expands retail business, invests N400m    Vanguard INDIGENOUS oil marketing company, Conoil Plc, recently opened four ultramodern retail outlets in Minna, Nsukka and Abuja, in line with its long-term retail ... read more

Dumping of Dangote Cement, Zenith Bank’s shares drags market down

Dumping of Dangote Cement, Zenith Bank’s shares drags market down    Punchng Stanley Opara. Losses at the close of trading on the floor of the Nigerian Stock Exchange, on Tuesday, were driven majorly by sell-offs in Dangote Cement Plc, ... read more

CORPORATE GOVERNANCE FAILURE: More firms attract NSE sanctions for flouting post listing rules

CORPORATE GOVERNANCE FAILURE: More firms attract NSE sanctions for flouting post listing rules    Vanguard THE number of quoted firms sanctioned by the Nigerian Stock Exchange, NSE, for flouting its post listing rules rose by 28 percent in 2018 reflecting decline in ... read more

Long fuel queues amid IMF’s call for subsidy removal

Long fuel queues amid IMF’s call for subsidy removal    The Nation Newspaper Long queues have resurfaced at filling stations raising fears of fuel scarcity. The Nigerian National Petroleum Corporation (NNPC) read more

Nigeria: Recession - Oil Firms Slash Salaries, Hold New Investments

Nigeria: Recession - Oil Firms Slash Salaries, Hold New Investments    AllAfrica.com Oil companies operating in Nigeria have come under serious financial challenges due to the volatility in the global oil market, which has impacted on their ... read more

14 companies responsible for 50% capital market infractions – Report

14 companies responsible for 50% capital market infractions – Report    Daily Trust Fourteen insurance companies were responsible for 50.4 per cent of the total penalties meted out by the Nigerian Stock Exchange, amounting to N339.5 million ... read more

eTranzact International Plc Announces Changes To Its Board

eTranzact International Plc Announces Changes To Its Board    Proshare Nigeria Limited eTranzact International Plc (”The Company”) wishes to inform its esteemed Shareholders, Stakeholders, The Nigerian Stock Exchange (”The Exchange") and ... read more

Mobil Oil Nigeria Plc Changes Name to 11 Plc

Mobil Oil Nigeria Plc Changes Name to 11 Plc    Proshare Nigeria Limited Mobil Oil Nigeria Plc has changed its name to 11 Plc (pronounced as “Double One Plc”). This is sequel to the resolution passed by the company's shareholders ... read more

Total Nigeria Plc - Allegation of Indebtedness

Total Nigeria Plc - Allegation of Indebtedness    Proshare Nigeria Limited The Management of Total Nigeria Plc (Total) has been made aware of several publications in the press alleging that the Economic and Financial Crimes ... read more

Nigeria Lubricants Market is Expected to Grow at a Healthy CAGR and is Expected to Reach Over NGN 405 Billion: Ken Research

Nigeria Lubricants Market is Expected to Grow at a Healthy CAGR and is Expected to Reach Over NGN 405 Billion: Ken Research    PR Newswire GURUGRAM, India, October 29, 2018 /PRNewswire/ -- October 2018 |Nigeria News The changes in consumer preference towards high quality synthetic ... read more

NSE places 34 companies under caveat

NSE places 34 companies under caveat    The Nation Newspaper The Nigerian Stock Exchange (NSE) has placed cautionary red alerts on 34 companies for their inability to meet listing requirements, implying underlying. read more

Africa Engine Oil Market: What are the main applications and challenges?

Africa Engine Oil Market: What are the main applications and challenges?    Technology Magazine Africa engine oil market is likely to grow owing to availability of high performance raw materials such as group II and group III base stocks. These base stock ... read more

Diamond Bank Q2 2018 Results Review: PT Cut By 24%; Reiterating Underperform Rating

Diamond Bank Q2 2018 Results Review: PT Cut By 24%; Reiterating Underperform Rating    Proshare Nigeria Limited Apart from a solid showing in non-interest income, Diamond's results were weaker than we expected. And while we have reflected the strength of the former in ... read more

Stock market investors lose N1.37tn in seven months

Stock market investors lose N1.37tn in seven months    The Punch Feyisayo Popoola Investors in the nation's stock market have lost a total of N1.3tn in seven months, as the total market capitalisation of equitie... read more

Tinubu, Adenuga, Elumelu, others own 49 expired oil block licences — Investigation

Tinubu, Adenuga, Elumelu, others own 49 expired oil block licences — Investigation    Punchng 'Femi Asu Nigerian billionaires, international oil companies and other operators have been identified as owners of the 49 oil block licences some... read more

MTN Nigeria IPO Teaser – Listing and Precursory Information

MTN Nigeria IPO Teaser – Listing and Precursory Information    Proshare Nigeria Limited MTN group announced that its Nigerian business will be listed on the Nigerian Stock Exchange this year, by way of initial public offering (IPO). Significant ... read more

Lafarge Africa Plc: Equity Update

Lafarge Africa Plc: Equity Update    Proshare Nigeria Limited Lafarge Africa Plc is embarking on aggressive business and capital restructuring that should deliver great value to its shareholders in the short-to-medium term. read more

Bleak Christmas: Millions stranded across Nigeria as fuel scarcity worsens

Bleak Christmas: Millions stranded across Nigeria as fuel scarcity worsens    Premium Times On a day Nigerians join the rest of the World to celebrate Christmas, many are left stranded at filling stations as the fuel scarcity bites harder across the country. read more

More companies flout NSE’s post listing requirements

More companies flout NSE’s post listing requirements    Vanguard Conoil, Academy Press, Niger Insurance, 18 others involved. NSE imposes N132m as penalty for default. Shareholders advocate sanctions on directors. read more

Dangote Cement Plc Series 5, 6 and 7 Commercial Paper Opens Today

Dangote Cement Plc Series 5, 6 and 7 Commercial Paper Opens Today    Proshare Nigeria Limited Stanbic IBTC Capital Limited, Coronation Merchant Bank Limited and FCMB Capital Markets Limited are pleased to inform you that the Dangote Cement PLC ... read more

Nigeria's Cement Market Battles: Lafarge Africa Plc in Focus

Nigeria's Cement Market Battles: Lafarge Africa Plc in Focus    Proshare Nigeria Limited As noted in our earlier report on Nigeria's Cement Market Battles, the cement market in Nigeria is such that the companies have different regions which they ... read more

Mike Adenuga, Jnr: The Triumph of African enterprise

Mike Adenuga, Jnr: The Triumph of African enterprise    Vanguard By Prince Osuagwu. OUR African Business Man of the Year, Dr. Mike Adeniyi Ishola Adenuga Jr. (GCON), Chairman, Mike Adenuga Group, can be conveniently ... read more

15 companies flout NSE’s financial reporting requirements

15 companies flout NSE’s financial reporting requirements    Vanguard .10 banks pay N624m fine to CBN •Shareholders kick. By Peter Egwuatu. MORE companies quoted on the Nigerian Stock Exchange, NSE, flouted the post ... read more

11 listed firms fail to file 2016 financial statement to NSE

11 listed firms fail to file 2016 financial statement to NSE    Guardian Nigeria The Nigerian Stock Exchange (NSE) has announced failure by 11 listed firms to meet up with the deadline of filing their Audited Financial Statements (AFS) for ... read more

NSE Proposed Rules on Free Float, REITs and Listing on the Growth Board

NSE Proposed Rules on Free Float, REITs and Listing on the Growth Board    Proshare Nigeria Limited Notification of proposed rules and rule amendments and invitation for comments notice is hereby given that, the following proposed rules and rule amendments ... read more

NAHCO Targets N35bn Revenue Growth

NAHCO Targets N35bn Revenue Growth    Leadership Newspaper NAHCO Targets N35bn Revenue Growth The Nigerian Aviation Handling Company Plc (NAHCO) said it has embarked on a business transformation project ... read more

2017 Top 25 CEOs Awards postponed till further notice

2017 Top 25 CEOs Awards postponed till further notice    BusinessDay The BusinessDay 2017 Top 25 CEOs Awards which was initially scheduled to hold on May 5, 2017 has been postponed. A new date and venue will be ... read more

Airtel share falls 10% on high stock price

Airtel share falls 10% on high stock price    Guardian Nigeria At the close of transactions yesterday, Airtel Africa Plc shares, which opened at N363 shed N39.30 or 10 per cent to close at N359.40 per share. read more

Conoil, Capital Hotel, Niger Insurance, others fail to file 2016 results

Conoil, Capital Hotel, Niger Insurance, others fail to file 2016 results    Premium Times The Nigerian Stock Exchange (NSE) on Monday said 11 quoted companies have failed to file their 2016 audited results within the stipulated time. The exchange ... read more

Nigerian Fuel Station Engulfed By Fire

Nigerian Fuel Station Engulfed By Fire    AllAfrica.com There was panic in Abuja when a tanker discharging fuel exploded at the Conoil filling station located opposite the Nigerian National Petroleum Corporation ... read more

TOTAL H1 2019 Earnings Update: TOTAL Gyrates To Now-Familiar Tunes

TOTAL H1 2019 Earnings Update: TOTAL Gyrates To Now-Familiar Tunes    Proshare Nigeria Limited Revenues for Nigeria's largest downstream player took a further hit in Q2:2019, dragging half-year performance to an abysmal close. read more

Two Weeks After: OANDO Shares Dropped By -7.14%, -22% YTD

Two Weeks After: OANDO Shares Dropped By -7.14%, -22% YTD    Proshare Nigeria Limited It is exactly two weeks since the Securities and Exchange Commission (SEC) directed the resignation of the affected Board members of Oando Plc over serious ... read more

NAHCO Projects N2bn PBT in 2019, Mulls Accessing Capital Market To Raise Long-Term Funds

NAHCO Projects N2bn PBT in 2019, Mulls Accessing Capital Market To Raise Long-Term Funds    Proshare Nigeria Limited The Nigerian Aviation Holding Company Plc is projecting a profit before tax of N2.13bn for the year 2019, even as it plans to diversify its revenue base and will ... read more

Furore Over Heritage’s Oil Bloc

Furore Over Heritage’s Oil Bloc    P.M. News Criticisms trail sale of strategic OML 30 oil bloc by Royal Dutch Shell to Heritage Oil, majorly owned by Tony Buckingham, alleged to be once […] read more

NYSC certificate: Adebayo Shittu drags APC to court over disqualification

NYSC certificate: Adebayo Shittu drags APC to court over disqualification    NIGERIAN TRIBUNE The Minister for Communications, Mr Adebayo Shittu, has sued the ruling All Progressives Party (APC) at the Federal High Court, Abuja for disqualifying him ... read more

Airtel Africa listing on NSE lifts market value by 10.7% to N14.3trn

Airtel Africa listing on NSE lifts market value by 10.7% to N14.3trn    Vanguard Nigeria News - THE Nigerian Stock Exchange, NSE, yesterday admitted Airtel Africa Plc on its daily official list by way of cross border secondary listing of. read more

Meet The Kids Of Africa's 50 Richest: Executives, A DJ, An Art Collector

Meet The Kids Of Africa's 50 Richest: Executives, A DJ, An Art Collector    Forbes The sons and daughters of Africa's 50 Richest often choose to work at the family company. Others collect art, work as a DJ, or start their own business. Here is ... read more

Lafarge Africa Plc Rescheduled Court-Ordered Meeting To Hold On August 23rd, 2019

Lafarge Africa Plc Rescheduled Court-Ordered Meeting To Hold On August 23rd, 2019    Proshare Nigeria Limited Notice is hereby given that by an Order of the Federal High Court dated 5th July, 2019, made in the above matter, the Court has directed that a meeting of the ... read more

Some EFCC cash recoveries

Some EFCC cash recoveries    The Nation Newspaper The Economic and Financial Crimes Commission (EFCC) has recovered about N500 billion, according to the Acting Chairman Ibrahim Magu. read more

Nigeria: Despite NNPC's Massive Importation, Marketers Still Sell Petrol Above Official Ex-Depot Price

Nigeria: Despite NNPC's Massive Importation, Marketers Still Sell Petrol Above Official Ex-Depot Price    AllAfrica.com Despite the flooding of the Nigerian market with petrol by the Nigerian National Petroleum Corporation (NNPC), which has led to the sale of the product at official ... read more

WAPCO Declares N9.01bn PAT in Q2 2019 Result,(SP:N13.10k)

WAPCO Declares N9.01bn PAT in Q2 2019 Result,(SP:N13.10k)    Proshare Nigeria Limited Lafarge Africa Plc, Building Materials company in Industrial Goods sector announced 1.2% Revenue loss in Q2'19 Result. read more

Tell Julius Berger to get serious on Lagos-Ota-Abeokuta Expressway — motorists

Tell Julius Berger to get serious on Lagos-Ota-Abeokuta Expressway — motorists    Guardian Ten months after the Federal Government re-awarded contract for the rehabilitation and reconstruction of the Lagos-Ota-Abeokuta Expressway, the job has been ... read more

Lafarge Africa Divests From SA Operations; Approves Merger Proposal For ReadyMix Business Segment

Lafarge Africa Divests From SA Operations; Approves Merger Proposal For ReadyMix Business Segment    Proshare Nigeria Limited The Board of Directors of Lafarge Africa Plc recently gave a nod of approval to its recent Q4 2018 and Q1 2019 Results. Nigeria's second largest building ... read more

As fuel scarcity looms, marketers reject Nigerian govt’s N340bn promissory note offer

As fuel scarcity looms, marketers reject Nigerian govt’s N340bn promissory note offer    Premium Times Days after oil marketers issued a seven-day ultimatum to demand payment of the N800 billion outstanding subsidy debt under the Petroleum Support Fund ... read more

Capital Market Financing for SMEs

Capital Market Financing for SMEs    Proshare Nigeria Limited Micro, Small and Medium Enterprises (MSMEs) in Nigeria face a financing gap that restricts their economic prosperity. This report examines the prospects of ... read more

Senate finally swears in APC’s Andrew Uchendu as Senator

Senate finally swears in APC’s Andrew Uchendu as Senator    Daily Post Nigeria The Nigerian Senate has sworn in Senator Andrew Uchendu representing Rivers East Senatorial district. Uchendu took his oath at plenary on Wednesday. read more

Sectors producing super rich in Africa

Sectors producing super rich in Africa    The Standard Telcoms, real estate, mining and oil are some of the sectors churning out Africa’s billionaires, Forbes 2019 list reveals. read more

Lafarge Africa Releases Q1 2019 and Q4 2018 Results; Declares N3.15bn PAT in Q1,(SP:N9.55k)

Lafarge Africa Releases Q1 2019 and Q4 2018 Results; Declares N3.15bn PAT in Q1,(SP:N9.55k)    Proshare Nigeria Limited Today, Lafarge Plc released its Q1 2019 and Audited 2018 results. Key Highlights. Q1 2019. Revenue declined by -2.6% to N78.51bln from N80.64bln in Q1 ... read more