The efforts of regulators and registrars have led to a reduction in unclaimed dividends to 5.05 per cent of total dividends declared in the last 10 years, the Institute of Capital Market Registrars, has said. According to the institute, this is a major improvement over the situation in the past […]
Capital Market
Deposit charges scrap wont harm cashless policy — Experts
Economists and financial analysts have said the recent cancellation of deposit charges by the new Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, will not undermine the cash-less policy championed by his predecessor, Mr. Lamido Sanusi. Emefiele had during the unveiling of his 10-point agenda for the CBN […]
ConocoPhillips: Oando’s Total Deposit now $550 million, Extends Deal to August
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oando Plc on Friday announced that Oando Energy Resources Inc. (OER) has paid a total of $550 million as deposit to acquire ConocoPhillips. The company in statement to the Nigerian stock exchange (NSE) said it has increased its deposit with ConocoPhilips by $25 million on […]

