Economic Confidential

SEC Moves to Tackle Unclaimed Dividends

SEC Moves to Tackle Unclaimed Dividends The Securities and Exchange Commission, SEC has said that it has outlined several initiatives in a bid to resolve the issue of unclaimed dividends in the capital market. Acting Director General of the SEC, Ms....

2019: Nigeria’s stock market ends in red, 2020 offers hope

2019: Nigeria’s stock market ends in red, 2020 offers hope By Chinyere Joel-Nwokeoma (NAN) With no fewer than six days of trading before the year ends, it is almost certain that transactions on the Nigerian Stock Exchange (NSE) will close in...

NNPC, Chevron Execute Agreements Over Escravos Gas-to-Liquid Project

NNPC, Chevron Execute Agreements Over Escravos Gas-to-Liquid Project The Nigerian National Petroleum Corporation (NNPC) and the Chevron Nigeria Limited (CNL) have executed agreements over the multi-billion dollars Escravos Gas-to-Liquid (EGTL) project. Speaking at a sign-off meeting in Abuja, the Group Managing...

NCDMB, Waltersmith petroleum to construct modular refinery in Brass

NCDMB, Waltersmith petroleum to construct modular refinery in Brass The Nigerian Content Development and Monitoring Board ( NCDMB), says it will partner Waltersmith Petroleum Ltd. to construct a modular refinery in Brass Island in Bayelsa. The Executive Secretary of the board,...

Oil price up in Hopes of U.S.-China deal/OPEC cuts

Oil price up in Hopes of U.S.-China deal/OPEC cuts Brent crude oil rose by 28 cents, or 0.4 per cent, at $67.48 a barrel in the future market just as West Texas Intermediate was up 25 cents, also a 0.4...

Lawan: Setting new heights with the ‘Midas touch’

Lawan: Setting new heights with the ‘Midas touch’ By Ezrel Tabiowo Since assuming office as President of the Senate on June 11, 2019, Senator Ahmad Lawan has practically demonstrated at intervals that he possesses the grit to take the Ninth National...
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