Revamping Nigeria's oil palm production, a catalyst to diversification

Revamping Nigeria's oil palm production, a catalyst to diversification    Nairametrics Recently, the National Palm Produce association of Nigeria revealed that importation and illegal smuggling of Palm Oil are biting really hard on producers. read more

The Okomu Oil Palm Plc Q1 2019 Numbers - Bumpy Year Ahead

The Okomu Oil Palm Plc Q1 2019 Numbers - Bumpy Year Ahead    Proshare Nigeria Limited The Okomu Oil Palm Plc Q1 19 numbers released earlier this week, came with few surprises to us, with the major one being the more than expected decline in ... read more

The Okomu Oil Palm Plc Q1 2019 - Worrisome Start To The Year

The Okomu Oil Palm Plc Q1 2019 - Worrisome Start To The Year    Proshare Nigeria Limited The Okomu Oil Palm Plc released its first quarter 2019 result on Friday which showed significant contraction in PAT by 71% YoY to N1 billion, translating to an ... read more

Okomu MD decries influx of banned adulterated palm oil in Nigerian markets

Okomu MD decries influx of banned adulterated palm oil in Nigerian markets    SundiataPost By Kevin Okunzuwa. Okomu – The managing Director of Okomu oil palm company Plc., Dr Graham Hefer, says the influx of banned adulterated Crude Palm ... read more

Banks, others pay N578.114bn dividends to shareholders

Banks, others pay N578.114bn dividends to shareholders    The Punch Fifty companies, including banks, listed on the Nigerian Stock Exchange have issued dividends to their investors, although the payments were descri... read more

OKOMUOIL Declares N1.01bn PAT in Q1 2019 Results (SP:N72.50k)

OKOMUOIL Declares N1.01bn PAT in Q1 2019 Results (SP:N72.50k)    Proshare Nigeria Limited Okomum Oil Palm Co. Plc, Crop Production company in Agriculture sector announced 42.5% Revenue decline in Q1'19 Result. read more

Access Bank, GTB, 48 other companies declare N578.114bn dividends

Access Bank, GTB, 48 other companies declare N578.114bn dividends    Nairametrics Fifty companies, including financial institutions that have held their Annual General Meetings (AGM) for the 2018 financial year, have so far declared a total of ... read more

Okomu Oil Palm Company Plc declares N3 dividend for FY 2018

Okomu Oil Palm Company Plc declares N3 dividend for FY 2018    Nairametrics Okomu Oil Palm Company Plc has declared a dividend of N3.00 per 50 kobo Ordinary share for the period ended Monday, December 31, 2018. read more

Nigeria in 1min: Economic, Business and Financial Headlines – 300419

Nigeria in 1min: Economic, Business and Financial Headlines – 300419    Proshare Nigeria Limited Manufacturing PMI Stands at 57.7% in April 2019 From 57.4% in March 2019 - The April 2019 PMI survey was conducted by the Statistics Department of the ... read more

Equities Market Halts Bearish Trend

Equities Market Halts Bearish Trend    THISDAY Newspapers Temporary relief came to the Nigerian stock market last week following the listing of MTN Nigeria Communications Plc. Trading in the shares of MTN in two days ... read more

Equity market nosedives, loses N136bn

Equity market nosedives, loses N136bn    Blueprint newspapers Limited Trading activities on the floor of Nigerian Stock Exchange (NSE) sustained volatility Tuesday, shedding N136 billion at the close of transactions. read more

Okomu oil palm company Plc pays shareholders N2.8b dividend after tax

Okomu oil palm company Plc pays shareholders N2.8b dividend after tax    The Eagle Online The management of Okomu Oil Palm Company Plc on Tuesday announced a dividend payment of N2.8 billion after tax to shareholders. The News Agency of ... read more

Lower cost of sales propels Okomu Oil Q3 2018 earnings

Lower cost of sales propels Okomu Oil Q3 2018 earnings    Nairametrics Okomu Oil Palm Plc has released its Q3 2018 for the period ended 30th September shows earnings rose to N1.3billion versus N159 million in Q2 17. read more

SPECIAL REPORT: How tech is increasing palm oil production in Nigeria

SPECIAL REPORT: How tech is increasing palm oil production in Nigeria    Ripples Nigeria Nigeria's estimated annual palm oil consumption is 2.4 million tons. Yet, the country has a deficit of 0.9 million tons of palm oil. The major drawbacks | read more

Backed by a multinational agro-giant, a Nigerian palm oil company is causing “grave impacts” in Edo State

Backed by a multinational agro-giant, a Nigerian palm oil company is causing “grave impacts” in Edo State    Equal Times For the majority of the world's population, palm oil is only a minor ingredient in countless consumer products, but the crop can mean disaster for the local ... read more

Nigeria: Experts Foresee Bright Prospects in Oil Palm Companies

Nigeria: Experts Foresee Bright Prospects in Oil Palm Companies    AllAfrica.com Investors in companies operating in the oil palm sector of the Nigerian economy have very bright prospects of reaping high returns going forward. This was the ... read more

Nigeria's Oil Palm Sector - An Investment Case for OKOMUOIL and PRESCO

Nigeria's Oil Palm Sector - An Investment Case for OKOMUOIL and PRESCO    Proshare Nigeria Limited Following the release of our report on Nigeria's oil palm sector where we opined that the industry is keenly positioned to soar further over the coming years (as ... read more

Okomu Oil Suffers 8.72% Fall in Annual Profit, to Pay N3 Dividend

Okomu Oil Suffers 8.72% Fall in Annual Profit, to Pay N3 Dividend    Business Post Nigeria The annual profit of Okomu Oil Palm Company Plc depreciated by 8.72 percent in 2018 financial year, the financial statements of the Edo State-based firm have ... read more

Okomu Oil Company, more than 40 years on

Okomu Oil Company, more than 40 years on    Guardian The history of Okomu Oil Palm Company Plc (Okomu) is well known in Nigeria and in some cases, even beyond its shores. Since its inception by the Federal ... read more

All-Share Index Sheds 1.2% as Equities Market Remains Bearish

All-Share Index Sheds 1.2% as Equities Market Remains Bearish    THISDAY Newspapers Bearish sentiments persisted at the Nigerian equities market last week as domestic investors focused on receiving the dividends paid by banks for the 2018 ... read more

Corporate Actions on the Nigerian Stock Exchange WTD May 3 2019

Corporate Actions on the Nigerian Stock Exchange WTD May 3 2019    Nairametrics Here is a rundown of corporate actions that took place on the Nigerian Stock Exchange last week, and those expected to take place this week. read more

Okomu Oil Palm Company Plc upgrades to buy in Q1 2018

Okomu Oil Palm Company Plc upgrades to buy in Q1 2018    Nairametrics Okomu reported operating expenses as a percentage of sales of 36% in 1Q18 versus 21% in 1Q17 (38% for FY17 and FY15), with operating expenses rising by ... read more

Why PZ Cussons imports palm oil despite presence of local producers

Why PZ Cussons imports palm oil despite presence of local producers    Nairametrics The Nigeria Agribusiness Group (NAGB) has explained why companies like PZ Cussons continue to import oil palm despite the presence of leading producers ... read more

H1 2018 Results: Okomu Oil Palm Plc posts 5% decline in profits

H1 2018 Results: Okomu Oil Palm Plc posts 5% decline in profits    Nairametrics Okomu Oil Palm Plc recently released its H1 2018 financial statements for the year ended 30 June 2018. Here are the key highlights of the reports.. read more

Okomu Oil MD Commissions Town Hall Donated By Firm

Okomu Oil MD Commissions Town Hall Donated By Firm    Independent Newspapers Limited Managing Director Okomu Oil Palm Company Plc, Dr Graham Hefer, has assured its host communities that despite the fall in the price of palm oil in the global ... read more

Nigeria: Okomu Oil Palm Targets Rspo Certification By End of 2018

Nigeria: Okomu Oil Palm Targets Rspo Certification By End of 2018    AllAfrica.com The managing Director, Okomu Oil Palm Plc, Dr. Graham Heifer has disclosed that the company would by end of the year 2018 obtain the Roundtable on ... read more

UK Aid to improve farmers’ access to market in Edo

UK Aid to improve farmers’ access to market in Edo    Guardian Nigeria A United Kingdom aid funded programme, Market Development in the Niger Delta (MADE II) has signed a Memorandum of Understanding with Okomu Oil Palm ... read more

Okomu Oil to commission $50m processing mills in 2020

Okomu Oil to commission $50m processing mills in 2020    Vanguard CHAIRMAN, Board of Director of Okomu Oil Palm Company Plc, Mr. Gbenga Oyebode, has disclosed that the company's two additional 30 metric tons per hour ... read more

Okomu Oil Palm targets RSPO certification by end of 2018

Okomu Oil Palm targets RSPO certification by end of 2018    Guardian The managing Director, Okomu Oil Palm Plc, Dr. Graham Heifer has disclosed that the company would by end of the year 2018 obtain the Roundtable on ... read more

Okomu Oil Palm Company Plc - Earnings on a path to another historic year

Okomu Oil Palm Company Plc - Earnings on a path to another historic year    Proshare Nigeria Limited OKOMUOIL reported its Q1'17 earnings last week, showing impressive performance across board. Strong domestic Crude Palm Oil (CPO) prices continued to lift ... read more

Okomu Oil warns NGO to desist from spreading false allegation on its RSPO status

Okomu Oil warns NGO to desist from spreading false allegation on its RSPO status    Vanguard OKOMU Oil Palm Company Plc has warned Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) to desist from spreading spurious and ... read more

The Nigerian Oil Palm Sector Report... Full Steam Ahead

The Nigerian Oil Palm Sector Report... Full Steam Ahead    Proshare Nigeria Limited Oil Palm is currently the most consumed edible oil in the world with Malaysia and Indonesia being the top major producers. Globally, production of oil palm has ... read more

Stop parading RSPO certificate, ERA charges Okomu Oil

Stop parading RSPO certificate, ERA charges Okomu Oil    Daily Sun The Environmental Rights Action/Friends of the Earth (ERA/FOEN), on Tuesday, charged the Okomu Oil Plc to stop parading the Roundtable on Sustainable ... read more

Okomu Oil Plc to Commission New Oil Palm Estate

Okomu Oil Plc to Commission New Oil Palm Estate    Proshare Nigeria Limited Okomu Oil Palm Company PLC wishes to notify its shareholders and other stakeholders that it has commenced arrangement to formally commission its ... read more

Okomu Oil Palm Plc Pays Shareholders N2.8bn Dividend After Tax

Okomu Oil Palm Plc Pays Shareholders N2.8bn Dividend After Tax    Independent Newspapers Limited The management of Okomu Oil Palm Company Plc on Tuesday announced a dividend payment of N2.8 billion after tax to shareholders. The company is located ... read more

Okomu: Suffering in the Midst of Plenty

Okomu: Suffering in the Midst of Plenty    THISDAY Newspapers Adibe Emenyonu, who just returned from the Okomu fishing community in Ovia South West Local Government Area of Edo State, captures the sheer neglect of a ... read more

Okomu Oil Palm Excited By Success At 42

Okomu Oil Palm Excited By Success At 42    Independent Newspapers Limited Benin – Okomu Oil Palm Company Plc relishes in a narrative of success in its 42 years of existence. Since its inception by the Federal Government in 1976 as a ... read more

Okomu Oil PLC rakes in N14.3 bn in 2016

Okomu Oil PLC rakes in N14.3 bn in 2016    Vanguard Abuja – The Okomu Oil Palm Company PLC, says it recorded a revenue of N14.3 billion in 2016, as against N9.7 billion recorded in 2015. Mr Gbenga Oyebode ... read more

Why Okomu and Presco may underperform this year

Why Okomu and Presco may underperform this year    Nairametrics Nigeria's two major listed palm oil producers Okomu Oil Palm and Presco Plc may post lower full-year results due to an increase in imported palm oil. read more

Another Look At Okomu Oil Before Full Year Results Are Out

Another Look At Okomu Oil Before Full Year Results Are Out    Independent Newspapers Limited Lagos – Okomu Palm Oil Company is trading at six a month's high and at a time the market is shedding weight, causing a spectacular reversal and ... read more

Obaseki assures support for oil palm council, as Okomu holds first AGM in Benin

Obaseki assures support for oil palm council, as Okomu holds first AGM in Benin    Vanguard As Okomu Oil Palm Plc plans to hold its first Annual General Meeting (AGM) in Benin City, the Edo State Governor, Mr. Godwin Obaseki, has assured ... read more

Q1 2018 Results: Okomu Oil Palm Plc posts 24% increase in revenue

Q1 2018 Results: Okomu Oil Palm Plc posts 24% increase in revenue    Nairametrics Okomu Oil Palm Plc also reported earnings per share of 364 kobo for the period ended March 2018 compared to 322 kobo reported for the period ended March ... read more

Okomu oil palm company praised for service to others

Okomu oil palm company praised for service to others    Guardian Nigeria The quest for national development, especially in developing countries like Nigeria, has erroneously been seen as the sole responsibility of government at all ... read more

Okomu Nigeria Sees Subdued 2018 for Palm Oil on Market Woes

Okomu Nigeria Sees Subdued 2018 for Palm Oil on Market Woes    Bloomberg Okomu Oil Palm Plc, Nigeria's second-largest producer of palm oil, expects its sales will probably slow for the rest of the year due to a supply glut and weak ... read more

The palm oil crisis in Nigeria - and beyond

The palm oil crisis in Nigeria - and beyond    The Ecologist The use and spread of palm oil is beyond imagination; from cooking and manufacturing to pharmaceuticals and drilling fluids, it is even in nanny's chocolate ... read more

Okomu Oil Palm Plc Rewards Long Service

Okomu Oil Palm Plc Rewards Long Service    Independent Newspapers Limited Benin – 'To whom much is given much is expected', were the words of Dr. Graham Hefer, the Managing Director, Okomu Oil Palm Company Plc, at the Long ... read more

Nigeria Agriculture Sector – FY’18 Earnings Preview: Weak Crude Palm Oil prices will pressure FY’18 PAT

Nigeria Agriculture Sector – FY’18 Earnings Preview: Weak Crude Palm Oil prices will pressure FY’18 PAT    Brandspurng The Agriculture sector expanded by 2.5% y/y in real terms in the final quarter of 2018, with a particularly strong showing from Crop production. We attribute this to ... read more

Okomu Oil Palm Plc targets 120,000 t/hr oil mills by 2020

Okomu Oil Palm Plc targets 120,000 t/hr oil mills by 2020    NIGERIAN TRIBUNE The management of Okomu Oil Palm Company has revealed that the company has started operating two 30 t/hr oil mills and as well commenced the building of ... read more

Okomu Oil Palm inaugurates record breaking 27 projects in 3 Edo LGs

Okomu Oil Palm inaugurates record breaking 27 projects in 3 Edo LGs    Vanguard By Simon Ebegbulem. OKOMU- THE call by Governor Godwin Obaseki of Edo State on companies in the state to discharge their corporate social responsibility, ... read more

Palm Oil Sector in 2019: A long or short reprieve?

Palm Oil Sector in 2019: A long or short reprieve?    Brandspurng 2018 was largely a challenging year for oil palm players as local FX liquidity, declines in global Crude Palm Oil (CPO) price and a continued porous border. read more

Okomu Oil: Inelastic Demand Vs. Price Hike: A Sustainable Recipe?

Okomu Oil: Inelastic Demand Vs. Price Hike: A Sustainable Recipe?    Proshare Nigeria Limited 6M 2017 Performance Analysis: Revenue and Net Income grew by 65.3% and 73.4% respectively. Okomu Oil Palm Company Plc (''Okomuoil'' or the ... read more

ERA/FoEN's RSPO Certification Claims Spurious, Libelous—Okomu Oil

ERA/FoEN's RSPO Certification Claims Spurious, Libelous—Okomu Oil    Business Post Nigeria The management of Okomu Oil Palm Company Plc has reacted to an allegation made against it by a group known as Environmental Rights Action/ Friends of ... read more

This CEO has made billions in revenue for this palm oil production company

This CEO has made billions in revenue for this palm oil production company    Nairametrics For one of Nigeria's leading oil palm production companies, Presco Plc, business is doing relatively well. Presco's success can in part be attributed to all the ... read more

Okomu Oil Palm turnover surges to ₦20 billion in 2017

Okomu Oil Palm turnover surges to ₦20 billion in 2017    Nairametrics Okomu Oil Palm Plc today released its financial statements for the year ended December 2017. Revenue jumped massively from ₦14.3 billion in 2016 to ₦20.2 ... read more

Okomu Oil Palm Company spends N20m on whistleblowers

Okomu Oil Palm Company spends N20m on whistleblowers    Guardian Nigeria The management of Okomu Oil Palm Company in Edo, said on Sunday, that it had spent N20 million on whistle blowers who saved the company from incurring ... read more

The March against Land Grabs

The March against Land Grabs    THISDAY Newspapers Civil Society Organisations in Edo State, under the umbrella of Coalition for Protection of the Environment, recently staged a protest against land grabbing and ... read more

Okomu Oil Palm Sets Aside N80m To Cover HSE, RSPO Certification

Okomu Oil Palm Sets Aside N80m To Cover HSE, RSPO Certification    Independent Newspapers Limited Benin – The Managing Director of Okomu Oil Palm Company PLC, Dr. Graham Heifer has revealed that the company has set aside the sum of N80 million to ... read more

Okomu Oil Palm Sustains Good Results

Okomu Oil Palm Sustains Good Results    THISDAY Newspapers EQUITIES WATCH. After recording impressive results in 2016, Okomu Oil Palm did not fail to deliver in the first quarter of 2017, effectively validating the federal ... read more

Gbenga Oyebode Joins Green Africa Airways' Board of Directors

Gbenga Oyebode Joins Green Africa Airways' Board of Directors    PRNewswire LAGOS, Nigeria, January 29, 2019 /PRNewswire/ -- Green Africa Airways announced today that Mr. Gbenga Oyebode has joined its Founding Board of Directors ... read more

Objectives of the roundtable on sustainable palm oil (RSPO)

Objectives of the roundtable on sustainable palm oil (RSPO)    Guardian Nigeria The RSPO Board of Governors (BoG) has endorsed the Nigeria National Interpretation (NGNI) document . NGNI 2017, as it is known, is based on the RSPO P&C ... read more

Presco bags 2018 agric company award

Presco bags 2018 agric company award    Guardian A key player in the agricultural sector of the Nigerian Stock Exchange (NSE), Presco Plc, has emerged winner of the Agriculture Company of the year 2018. read more

Okomu Oil cautions FIRS

Okomu Oil cautions FIRS    Guardian Nigeria The Federal Inland Revenue *Service* (FIRS) has been enjoined to always cross-check its records before sealing up business premises for alleged tax evasion. read more

Okomu oil redefines CSR as Hefer is listed among top 25 CEO’s in Nigeria

Okomu oil redefines CSR as Hefer is listed among top 25 CEO’s in Nigeria    Guardian Economic historians will assert that in times of economic turbulence and uncertainty, most organizations lay off workers, scale down many aspects of their ... read more

Corporate Actions on the Nigerian Stock Exchange WTD April 5, 2019

Corporate Actions on the Nigerian Stock Exchange WTD April 5, 2019    Nairametrics Corporate Actions on the Nigerian Stock Exchange for the trading week ended March 30, 2019 were mostly the release of audited FY 2018 results. read more

PZ Cussons to invest N45 billion in oil palm operations

PZ Cussons to invest N45 billion in oil palm operations    Nairametrics PZ Cussons intends investing N45 billion in upstream oil palm operations in the country. read more

Okomu Oil’s Revenue Rises to N14.3bn

Okomu Oil’s Revenue Rises to N14.3bn    Investors King Ltd The Okomu Oil Palm Company PLC says it recorded revenue of N14.3bn in 2016, as against N9.7bn recorded in 2015. read more

Presco Plc plans to cultivate 15,000 hectares to encourage expansion

Presco Plc plans to cultivate 15,000 hectares to encourage expansion    Nairametrics Presco Plc is committed to its investment efforts which are aimed at boosting profitability and ensuring increased returns to their stakeholders. The oil palm ... read more

Okomu staff dies of suspected Lassa fever

Okomu staff dies of suspected Lassa fever    The Nation Newspaper A staff of Okomu Oil plc identified as Henry Ehimati has died from suspected Lassa fever. Henry was said to be a nurse working at the Okomu plantation clinic in ... read more

Dangote Cement Plc leads listed non oil exporters in the country

Dangote Cement Plc leads listed non oil exporters in the country    Nairametrics Dangote Cement Plc ranked first amond the13 top listed non oil exporters in the country. The company exported $21.4 million worth of cement last year. read more

Okomu Plc’s expansion project to create 40,000 jobs in Edo

Okomu Plc’s expansion project to create 40,000 jobs in Edo    THISDAY Newspapers …as governor commissions 11,400ha plantation. Chairman of Okomu Oil Company Plc., Gbenga Oyebode SAN, has pledged that the company is committed to ... read more

We are grateful that my predecessor took the right initiative – Obaseki

We are grateful that my predecessor took the right initiative – Obaseki    Vanguard Riding on the wind of a conducive investment climate guaranteed by the Governor Godwin Obaseki-led government in Edo State, Okomu Oil Palm Company Plc ... read more

Why we earmarked 200, 000ha for oil palm plantation – Obaseki

Why we earmarked 200, 000ha for oil palm plantation – Obaseki    Vanguard Edo State Governor, Mr. Godwin Obaseki, has said his administration plans to earmark not less than 200000 hectares of land for organised oil palm plantation to ... read more

Environmentalists, groups protest acquisition of 14,000 hectares of land by Okomu Oil

Environmentalists, groups protest acquisition of 14,000 hectares of land by Okomu Oil    NIGERIAN TRIBUNE Conservationists, environmentalists, farmers, rural communities dwellers and coalition of civil society groups in Edo State on Wednesday took to the. read more

Okomu Oil Q1 2018 Results Review: Neutral Rating Maintained

Okomu Oil Q1 2018 Results Review: Neutral Rating Maintained    Proshare Nigeria Limited Okomu Oil's (Okomu) Q1 2018 earnings were broadly in line with our estimates. Consequently, we have increased our earnings forecast over the 2018-19E ... read more

Nigeria: Producers Fault Proposed Palm Oil Importation Under ETLS

Nigeria: Producers Fault Proposed Palm Oil Importation Under ETLS    AllAfrica.com Stakeholders and members of the Plantation Owners Forum of Nigeria (POFON), have urged the Federal Government to dismiss the proposed application by ... read more

Reviving palm oil production: The Okomu success story

Reviving palm oil production: The Okomu success story    Vanguard Palm oil refining and production has in the past, and in recent times become a lucrative business in Nigeria. In fact, some might refer to it as a 'liquid gold' that ... read more

Fewer palms to crack in 2018 for Presco Plc

Fewer palms to crack in 2018 for Presco Plc    Nairametrics Increasing palm oil imports into the country could lead to a flat year for palm producer Presco Plc. Presco Plc is our STOCK PICK for the week. read more

Mastercard offers Jumia $56 million ahead of unusual IPO on NYSE

Mastercard offers Jumia $56 million ahead of unusual IPO on NYSE    Nairametrics African e-commerce startup, Jumia, has received $56 million from Mastercard Europe ahead of its unusual initial public offering (IPO) on the New York Stock. read more

2019 Budget: Ministry of Trade and Investment's alleged N42bn fraud exposed |

2019 Budget: Ministry of Trade and Investment's alleged N42bn fraud exposed |    Nairametrics The Senate Committee on Trade and Investment reportedly uncovered N42 billion fund allegedly allocated to a private company. read more

Nigeria: Stemming the Tide of Rising Wave of Crude Palm Oil Imports

Nigeria: Stemming the Tide of Rising Wave of Crude Palm Oil Imports    AllAfrica.com Introduction and background. GENTLEMEN of the press, it's my pleasure to welcome you to this joint press conference of the major palm oil producing ... read more

Nigeria plantation owners forum, POFON, oppose plans to allow imports of crude palm oil

Nigeria plantation owners forum, POFON, oppose plans to allow imports of crude palm oil    BusinessAMLive Ajose Sehindemi is Businessamlive Reporter. You can contact him on ajose.sehindemi@businessamlive.com with stories and commentary. February 19 ... read more

Edo, FG to make Nigeria world’s biggest palm oil producer – Obaseki

Edo, FG to make Nigeria world’s biggest palm oil producer – Obaseki    Vanguard EDO State governor, Mr. Godwin Obaseki, has said that the state had joined forces with the Federal Government and other partners to re-establish the country to ... read more

Okomu Oil to employ 45,000 in new plantation

Okomu Oil to employ 45,000 in new plantation    The News Jethro Ibileke/Benin The management of Okomu Oil Palm Company, located in Ovia North local government area of Edo State is set to employ 45000 workers in ... read more

THE WEEK AHEAD: Dividends, marked downs, results

THE WEEK AHEAD: Dividends, marked downs, results    Nairametrics This is a recap of stocks that were marked down the previous week, and an outlook on stocks to be marked down this week. The following companies were ... read more

Stock market investors lose N1.89tn in 2018

Stock market investors lose N1.89tn in 2018    The Punch Feyisayo Popoola Investors in the nation's stock market lost a whopping N1.89tn last year amid instability in the market. 2018 began on a positiv... read more

REPORT: Edo community gropes in darkness despite 14-year-old electrification project award | The ICIR

REPORT: Edo community gropes in darkness despite 14-year-old electrification project award | The ICIR    Internatinal Centre For Investigative Reporting REGARDLESS of age, no resident of Oke-Irhue community has ever enjoyed a supply of electricity from the government of Nigeria. The agrarian community ... read more

Okomu Oil Q4 2017 Results Review: Neutral Rating Maintained

Okomu Oil Q4 2017 Results Review: Neutral Rating Maintained    Proshare Nigeria Limited Okomu Oil's (Okomu) Q4 2017 PBT results were better than we expected owing to positive surprises on the gross margin and opex lines. read more

Corporate Actions on the NSE WTD August 3 2018

Corporate Actions on the NSE WTD August 3 2018    Nairametrics These are the corporate actions that will be taking place on the Nigerian Stock Exchange this trading week ending August 3 2018. read more

UACN Shares Rise as Elemide is Appointed Acting Group Chief Executive

UACN Shares Rise as Elemide is Appointed Acting Group Chief Executive    THISDAY Newspapers Goddy Egene. UAC of Nigeria Plc was among the price gainers at the stock market Thursday as the company announced a board change that brought in a new ... read more

NESG appoints new chairman

NESG appoints new chairman    The Punch 'Femi Asu The board of directors of the Nigerian Economic Summit Group has announced the appointment of Mr Asue Ighodalo as its new chairman, foll... read more

Obaseki’s reforms: Raw materials for Indomie, Power Oil, others to be sourced from Edo State

Obaseki’s reforms: Raw materials for Indomie, Power Oil, others to be sourced from Edo State    Vanguard Far-reaching reforms in land administration, tax system coupled with a favourable investment climate and an endearing support structure being spearheaded by ... read more

Buy/Sell/Hold on the Nigerian Stock Exchange WTD October 26 2018

Buy/Sell/Hold on the Nigerian Stock Exchange WTD October 26 2018    Nairametrics Wema Bank and Okomu Oil Palm have SELL ratings for the Buy/Sell/Hold picks for next week's trading. read more

Websites of biggest Nigerian companies ranked worst to best

Websites of biggest Nigerian companies ranked worst to best    Nairametrics In Nigeria, business owners who understand the importance of good company websites are willing to spend millions of naira to get one. read more

Edo communities pledge support for Okomu oil

Edo communities pledge support for Okomu oil    Guardian The traditional head of Odighi Community in Ovia North East council of Edo State, Osaretin Akenzua has said that they have written to the state government; Oba ... read more

Investors lose N135.8bn as bank stocks, others dip

Investors lose N135.8bn as bank stocks, others dip    The Punch Feyisayo Popoola Investors in the nation's stock market lost N135.8bn on Tuesday as the share prices of major banks declined further at the end of... read more

These companies may be paying dividends this week

These companies may be paying dividends this week    Nairametrics Here is a recap of stocks that had corporate actions last week and those expected to do so this week. Corporate actions include payment of dividends, closure of ... read more

College of Agric Iguoriakhi: 48 students commence internship at NIFOR

College of Agric Iguoriakhi: 48 students commence internship at NIFOR    The Nation Newspaper Not less than 48 students of the College of Agriculture, Iguoriakhi, have been absorbed by the Nigerian Institute For Oil Palm Research (NIFOR) for a 3-month ... read more

Ellah Lakes Plc, a company struggling to feed Nigerians with fish

Ellah Lakes Plc, a company struggling to feed Nigerians with fish    Nairametrics Due to the high rate of fish consumption in Nigeria, there is an ever-growing demand for the commodity in the country. This is why Ellah Lakes Plc is important. read more

Edo ’s drive for sustainable investments spurring our expansion – Hefer

Edo ’s drive for sustainable investments spurring our expansion – Hefer    Vanguard Managing Director, Okomu Oil Palm Company Plc, Mr. Graham Hefer, has said that the state government's unrelenting drive for sustainable investment is paving ... read more

Ighodalo named chairman Nigerian Economic Summit Group

Ighodalo named chairman Nigerian Economic Summit Group    TheCable The board of directors of the Nigerian Economic Summit Group (NESG) has announced the appointment of Asue Ighodalo, as its new Chairman. Ighodalo ... read more