The Nigerian Stock Exchange has adjusted the prices of three equities for dividend payment. The NSE’s report for the week ended September 13, 2013, said the decision to adjust the prices followed the recommendation of the boards of the companies. The companies affected are Honeywell Flour Mills Plc, Continental Reinsurance […]
Author: InvestAdvocate
ETI Audit: SEC Recruits KPMG
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Sunday said it has sort, the services of KPMG, a leading accounting, audit and management consulting firm to help investigate Pan African Bank, Ecobank Transnational Incorporated (ETI) on issues bordering on corporate governance concerns. SEC said this in a […]
Sinopec’s Addax loses court ruling on Gabon oil licence: document
Addax Petroleum, owned by top Chinese refiner Sinopec, has lost a ruling at an international tribunal as part of a $1 billion legal battle over an oilfield in Gabon, a confidential document showed. The International Chamber of Commerce’s arbitration court, in its first decision in the dispute, rejected a request […]
