Capital Market

NNPC’s unremitted funds: $20bn remains unexplained – CBN

The Central Bank Governor (CBN), Sanusi Lamido Sanusi, today informed the Senator Ahmed Makarfi led Committee on Finance investigating the allegations of unremitted funds into the Federation Account that out of the $67 billion crude oil sales that was processed and expected to be remitted to the constitutionally provided for […]

Microsoft names Satya Nadella as new CEO; Bill Gates steps down as chairman

Nadella, 46, replaces Steve Ballmer and becomes only the third leader the company has had in its 38-year history. Microsoft has named Satya Nadella, an executive in charge of the company’s small, but growing business of delivering software and services over the Internet, as its new CEO. Company founder Bill […]

Dangote Cement Appoints Ikazoboh, Ebi Directors

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Cement Plc (DANGCEM) Tuesday announced it has appointed Emmanuel Ikazoboh, former interim administrator of the Nigerian Stock Exchange (NSE) and Ernest Ebi as non-Executive Directors of the Company.  This contained in a notice to the NSE and made available to InvestAdvocate in Lagos Nigeria. […]