By InvestAdvocate Lagos (INVESTADVOCATE)- World’s building materials and cement producers, LafargeHolcim on Monday announced that Wolfgang Reitzle will exit as chairman of the board and has nominated Beat Hess new chairman. “He has informed the board that he will not stand for re-election at the company’s May 2016 Annual General […]
Business News
Banks Loan to Oil & Gas Sector Hits $5.7 Billion- CEO Seplat
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – Banks loan to the oil and gas sector of the Nigerian economy is estimated to have reached $5.7 billion within the past five (5) years, Austin Avuru, chief executive officer (CEO) of the first dual listed Nigerian oil and gas upstream firm, Austin […]
OER Says E & P Holdings to Acquire Oando’s Minority Shares in OER
By InvestAdvocate Lagos (INVESTADVOCATE) – Oando Energy Resources (OER) on Thursday said Oando E&P Holdings Limited will acquire all minority shares of Oando Plc in OER, the company disclosed in an issuers notice to the Nigerian Stock Exchange (NSE). OER said it has filed on SEDAR and is mailing a […]
