Total SA (FP), Europe’s third-largest oil producer, reported a 19 percent decline in fourth-quarter profit as refining margins in the region narrowed and output dropped. The company raised its dividend. Profit excluding changes in inventories dropped to 2.47 billion euros ($3.4 billion) from 3.04 billion euros a year earlier, the […]
Capital Market
SEC to Sanction Public Companies for Non-Registration of Securities
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Tuesday said it will sanction all public companies that are yet to comply with its directive to do so. The commission in a circular posted on its website said at the expiration of June 30, 2014, all public companies […]
Oasis Insurance Appoints New Ag MD
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oasis Insurance Plc Tuesday announced that it has appointed an Acting managing director (Ag MD) of the company Goke Adegbite. Adegbite is a Chartered Accountant and a fellow of Certified Chartered Accountants. He holds BSc. in Mathematics & Software Engineering from the University of Hull, […]
