By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) said it has increased the capital requirement for operators in the Nigerian Capital Market (NCM) as broker/dealers are now expected to shore up their capital base to N300 million from N70 million. SEC said in its official website that […]
Capital Market
Oando Energy Resources Amends Loan Agreement with Oando Plc
Press Release Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company“) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that it has further amended the US$401 million loan agreement and associated repayment deed (as amended, the “Loan Documentation“), each dated May 30, […]
BOC Gases Managing Director to Retire June 2014
By InvestAdvocate Lagos (INVESTADVOCATE) – BOC Gases Nigeria Plc said Johnson A. Idowu, its Managing Director (MD) will retire from the services of the company effective June 2014. The company in a notice to Nigerian Stock Exchange (NSE) said Idowu’s decision to retire is informed by the attainment of the […]
