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Seplat Announces Shareholder Agreement and Share Subscription Agreement with NGPTC

13/8/2018/NSE Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian indigenous oil and Gas Company listed on both the Nigeria Stock Exchange and London Stock Exchange, announces the signing of the Shareholder Agreement and Share Subscription Agreement with the Nigerian Gas Processing and Transportation Company (“NGPTC”), a […]

Federated Investors, ITFC to Develop a Trade-Finance Portfolio Focused on Sovereign Energy Sector

August 9, 2018/ITFC Federated Investors, Inc. (NYSE: FII) (www.FederatedInvestors.com/FII/home.do), one of the largest investment managers in the United States, and the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org/en), member of the Islamic Development Bank (IsDB) Group, announced an agreement to launch a sovereign energy trade-finance portfolio. The ITFC Sovereign Energy […]

Nigerian Equities Bleed on Sustained Sell Pressure in Valued Stocks

August 7, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Proceedings in the Nigerian equities market remained bearish, as the all-share index  (ASI) shed 0.40 percent to 36,333.80 points, amidst sell pressure in value stocks. Cordros reports as a result, the Month-to-Date and Year-to-Date losses increased further to -1.85 percent and -4.99 percent respectively. […]