Economic Confidential

Seplat says ANOH gas project Bankable

Seplat says ANOH gas project Bankable Seplat Petroleum Development Company Plc has identified the Assa North-Ohaji South (ANOH) gas processing project as very bankable and capable of boosting Nigeria’s domestically gas supply significantly. A Seplat team led by the company’s chief...

FG urges Insurance Operators to Obey Recapitalization Policy.

FG urges Insurance Operators to Obey Recapitalization Policy. The Federal Government has urged operators in the insurance industry to obey the recapitalization policy as part of measures to reposition the sector. President Muhammadu Buhari stated this while declaring open the 2019...

FG Moves to Increase Representation on Boards of Discos

FG Moves to Increase Representation on Boards of Discos The Federal Government has taken steps to increase its representation on the boards of the privatized electricity distribution companies (Discos) to entrench corporate governance. In furtherance of the move of the FGN...

Total Board gets Commendation over N4.75bn dividend

Total Board gets Commendation over N4.75bn dividend Total Nigeria Plc Board has received commendation from shareholders as they unanimously endorsed the payment of N4.75 billion final dividend recommended by the company for the financial year ended Dec. 31, 2018. The shareholders...

SEC-OANDO RUN-IN AND THE OVERALL PUBLIC/CAPITAL MARKET INTEREST

SEC-OANDO RUN-IN AND THE OVERALL PUBLIC/CAPITAL MARKET INTEREST BY KAYODE KOLADE Unarguably, the decision, to sanction the management of Oando Plc and the removal of its key directors by the Securities and Exchange Commission (SEC), continues to generate a lot of...

FAAC Shares N679.699bn for May 2019

FAAC Shares N679.699bn for May 2019 The Federal Account Allocation Committee (FAAC), at its joint session held at the African House, Kano, Kano State shared a total sum of N679.699 billion as federal allocation for the month of May 2019...
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