Author: Kingsley Ighomwenghian
New Owners To Retain Forte Oil Brand Name, As Share Price Drop 10%
The board of Forte Oil Plc, on Thursday, intimated stakeholders through the Nigerian Stock Exchange (NSE) that parties to the transaction that saw maj...
OPEC, NEITI Congratulate Kyari On Appointment As New NNPC GMD
The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), congratulated Mele Kolo Kyari, newly appointed Group Managing Direc...
Aftermath Of Ownership Change: Forte Oil Replaces Group CEO
The board of petroleum products marketing giant- Forte Oil Plc, on Thursday announced the exit of Akin Akinfemiwa, its Group Chief Executive, after se...
Lafarge Swaps Loss Making S’African Arm For $316.3m Debt To Parent Company
Cement making giant- Lafarge Africa Plc, on Wednesday said talks are at an advance stage for the sale of its loss-making South African subsidiary by L...
High Volumes, Despite Down Market Signals Hope, As Investors Position For Q2 Earnings
Market Update for June 19
Trading on the Nigerian Stock Exchange (NSE) again closed lower at the midweek, to further consolidate the three consecutiv...
Lafarge Africa Reports 74.56% After Tax Loss Decline In 2018
The board of Lafarge Africa Plc, on Wednesday, published its long-awaited audited financials for the year ended December 31, 2018, showing a flat 3.09...
Photo News: Korean Consul-General, SEC DG, FMDQ Boss At Workshop
Caption: Consul General of Korean Embassy Mr kim Intaek;Acting Director General Securities and Exchange Commission, Ms Mary Uduk;Acting Executive Comm...
Nigeria, Others Can Save $4.2tr Investing In ‘Resilient’ Infrastructure, Says New W’Bank Report
A new report by the World Bank says low- and middle-income countries like Nigeria would save as much as $4.2tr in net benefit, translating to $4 for ...
Otedola Concludes Sale of 75% Forte Oil Sale For N66.25bn
A total of 970,166,694 units of Forte Oil Plc were on Wednesday, June 19, 2019, crossed in five deals off-market for a total of N66.25bn.
This conclu...
A Look At The Growth, Development Of Global Islamic Finance
By Rehan Shaikh
Over the past few decades, the Islamic finance industry has seen significant growth and is now estimated to have crossed US$2 trillio...
