Capital Market

FBN resumes asset transfer series

FBN Trustees Limited has announced that it will continue with its series on asset transfer, which commenced some years back in The PUNCH every Thursday. The company said in a statement, “Countless tales and stories of family members fighting among themselves over the assets and properties of their loved ones […]

Listed companies fail to meet result submission deadline

Several companies listed on the Nigerian Stock Exchange are failing to meet the bourse’s deadline for filing their financials, it has been gathered. Earlier this year, The PUNCH had reported that in the first three quarters of 2013, not up to 60 per cent of quoted companies submitted their results […]

Seplat Targets Nigerian Power Generators in Gas Expansion Plan

Seplat Petroleum Development Co. (SEPLAT), a Nigerian energy producer that raised about $500 million from investors last month, signed a natural gas supply deal with with Azura Power West Africa Ltd. as part of a plan to boost output of the fuel, Chief Executive Officer Austin Avuru said. Seplat, which […]