The International Finance Corporation, a member of the World Bank Group, on Friday announced a plan to support investments that would add 1,500 megawatts of power generation capacity to the Nigerian national grid and provide electricity for up to eight million households over the next 18 months. IFC, in a […]
Author: InvestAdvocate
CBN Earmarks 60% of N220 billion SME Fund To Women
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Friday announced the allocation of 60 percent (60%) N132.00 Billion of N220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF) to women in Nigeria. This is contained in the released guidelines for the operation of MSMEDF for Nigeria […]
Conoil PAT Down -76.1%, Dividend Drop -60% for 2012 End
Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Petroleum Marketing Firm, Conoil Plc Friday declared a dip in profit after tax (PAT) of -76.1 percent (-76.1%) and a drop of -60% in proposed dividend in its audited report for the period ended December 31 2012. To post the decline in PAT, the firm recorded […]
