Investors Bite

UBA Says Board Approves 2015 Audited Accounts

By InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global Bank, United Bank for Africa Plc (UBA) said on Wednesday its board of directors have approved its audited financial statements for the year ended December 31, 2015, subject to the approval of the Central Bank of Nigeria (CBN). The lender said the decision is coming […]

SEC Targets More Retail Investors

March 1, 2016/SEC The Securities and Exchange Commission (SEC) has said that the Commission aims to attract more retail investors into the Nigerian capital market in its determination to deepen and develop the market.   Director General of the SEC, Mounir Gwarzo stated this when the Commission received members of […]

OER Says Shareholders Approve “Plan of Arrangement” with Oando Plc

February 25, 2016/OER Oando Energy Resources Inc. announced that at a special meeting of its shareholders held today, its shareholders overwhelmingly approved the previously announced plan of arrangement (the “Plan of Arrangement“) with Oando PLC and Oando E&P Holdings Limited (the “Purchaser“), which will culminate in the Purchaser acquiring all […]