Nnamdi Duru, 07.28.2010  Goldlink Insurance Plc, one of the composite insurance groups in the country has recorded a revenue, generation of N87.16 million profit from its operations last year. It also raised its shareholders’ fund, which , however, fell marginally from N6.97 billion in the previous year to […]
Author: InvestAdvocate
Fresh Funds: More Firms Embrace Rights Issue
By Goddy Egene, 07.28.2010  Apparently encouraged by the success recorded by Oando Plc in its last Right Issue and positive response to the current Rights Issue by Unity Bank Plc, more companies are soliciting the support of existing shareholders for fresh funds THISDAY checks have revealed.  Following […]
Crude Oil Reserves Drop By 1.6bn Barrels Crude Oil Reserves Drop By 1.6bn Barrels
By , 07.28.2010  The Department of Petro-leum Resources (DPR) has raised the alarm over the declining rate of Nigeria’s crude oil reserves, saying it has dropped by 1.6 billion barrels (about 4.79 per cent) in just one year.The drop is due to declining exploration activities and full field studies […]

