The nation’s external reserves have dropped to a record one-year low of $44.1bn, according to the latest data from the Central Bank of Nigeria. The statistics also indicated that the reserves had fallen by $3bn between August 14 and December 17. It was on December 28, 2012 that the reserves […]
Author: InvestAdvocate
Oando Energy Resources Amends Loan Agreement with Oando Plc
Press Release Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company“) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that it has further amended the US$401 million loan agreement and associated repayment deed (as amended, the “Loan Documentation“), each dated May 30, […]
BOC Gases Managing Director to Retire June 2014
By InvestAdvocate Lagos (INVESTADVOCATE) – BOC Gases Nigeria Plc said Johnson A. Idowu, its Managing Director (MD) will retire from the services of the company effective June 2014. The company in a notice to Nigerian Stock Exchange (NSE) said Idowu’s decision to retire is informed by the attainment of the […]
