Shares of Nigerian energy firm Oando surged 10 percent on Monday after it said it had ended a long wait to secure funds to acquire the upstream oil and gas business of ConocoPhillips in Nigeria. Oando shares, which dropped nearly 30 percent last week, rose 1.86 naira to 21.11 naira […]
Capital Market
Economic turmoil continues
By martin khor The turmoil of currency decline and capital flight in several developing countries continued, and a re-look into capital controls, Malaysian-style, may be worthwhile. AS the Year of the Horse was ushered in amid Chinese New Year celebrations last week, economic uncertainties continued. The turmoil of currency and […]
Sterling Bank introduces new business initiatives
Press Release *shortlists 50 qualified contestants Sterling Bank Plc has resolved to invest in new business initiatives and nurture them to become viable Small and Medium Enterprises (SMEs) as part of efforts to facilitate real growth in the Nigerian economy. The bank said small businesses remain the catalyst for real […]
