Author: InvestAdvocate

Chevron Oil becomes MRS Oil

  Oil marketer, Chevron Oil Nigeria Plc, has changed its name to MRS Oil Nigeria Plc, effective December 2, 2009. According to a statement by the management of the company, the change was ratified by the shareholders at the 40th Annual General Meeting of the Company held on September 29, […]

Regulators to Target ‘Window Dressing’

  September 16, 2010 by MICHAEL RAPOPORT, WSJ   Federal regulators are poised to propose new disclosure rules targeting “window dressing,” a practice undertaken by some large banks to temporarily lower their debt levels before reporting finances to the public.   The US Securities and Exchange Commission is scheduled to […]

Honeywell shareholders approve N872million dividend

    THURSDAY, 16 SEPTEMBER 2010 BY HELEN OJI    Shareholders of Honeywell Nigeria Plc, yesterday, unanimously approved N872 million dividend, culminating to 11 kobo due to every shareholder of the company for the financial year ended March 31, 2010.   Addressing shareholders during the company’s first yearly general meeting […]