July 7, 2014 By Soji Apampa, Co-founder of The Convention on Business Integrity – Nigeria In a speech chronicling what went wrong in the Nigerian banking industry in 2009, former governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi said that “Governance malpractice within banks, unchecked at consolidation, became […]
Capital Market
Wema Registrars Now Citadel Registrars
By InvestAdvocate Lagos (INVESTADVOCATE)-Wema Registrars Limited has now changed its name to Citadel Registrars Limited the company said in a notice last Friday to the Nigerian Stock Exchange (NSE) in Lagos Nigeria. Wema Registrars said the new name took effect from July 21, 2014 and previous correspondences with the company’s […]
Oando Reduces Debt by Us$98Million through Conversion of Loan to Equity
August 21, 2014/Oando Plc Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company“) (TSX:OER), a company focused on oil and gas exploration and production in Nigeria, is pleased to announce the conversion to equity of principal and interest in the amount of US$ 98 million, outstanding under the US$ […]
