Wednesday June 18, 2014/State House President Goodluck Ebele Jonathan has appointed Mr. Olufemi Ajayi as the Executive Secretary of the Petroleum Technology Development Fund (PTDF). Mr. Ajayi is from Ekiti State and until this new appointment, he was the Director-General of the National Drug Law Enforcement Agency (NDLEA). He replaces […]
Author: InvestAdvocate
Fitch Rates Access Bank’s Tier 2 Note Issue ‘B-‘
(Fitch Ratings released this statement ) Fitch Ratings-London-18 June 2014: Fitch Ratings has assigned Access Bank’s (Access; B/Stable) USD400m subordinated debt (Tier 2 notes) a final rating of ‘B-‘ and Recovery Rating of ‘RR6’. The notes, issued directly through the bank, have a coupon set at 9.25% and mature on […]
Oando Energy Announces Nigerian Government Approval of $1.65 Billion Acquisition of ConocoPhillips Nigerian Oil and Gas Business
Press Release/Oando Energy Resource Inc June 18, 2014-Oando Energy Resources Inc. (” Oando Energy Resources ” or the ” Company “) CA:OER +0.69% , a company focused on oil and gas exploration and production in Nigeria, today announced receipt of the consent of the Honourable Minister of Petroleum Resources of […]