By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Diamond Bank Plc on Wednesday said is planning a minimal loan growth of not more than 10 percent, a Reuters report quoted Abdulrahman Yinusa, the chief financial officer (CFO) of the Bank. The report quoted Yinusa in Reuters Africa Investment Summit […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Wednesday recorded a marginal gain of 0.05 percent amidst dwindling performance in sectoral indices. The Nigerian Stock Exchange all-share index (NSE ASI) closed at 30,614.93 points, while market capitalisation increased by N4.60 billion to N10.22 trillion. The continual gain recorded in the […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Oando Energy Resources (OER) said on Wednesday it made a $238 million prepayment of certain loan facilities, which it utilised for the $1.5 billion acquisition of the ConocoPhillips Nigerian Oil and Gas Business in July, 2014. “The company successfully realised $234 million by resetting its […]