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Oando Plc Pays N5.1 Billion Dividend to shareholders

Press Release Lagos, Nigeria – Oando PLC (referred to as “Oando” or the “Group”), sub-Saharan Africa’s largest integrated energy group with a primary and secondary listing on the Nigerian Stock Exchange and Johannesburg Stock Exchange, has made a total dividend payout in the sum of N5.1 billion to its shareholders […]

FG approves N15bn soft loan for farmers …to privatise Bank of Agriculture

The Federal Government, in a bid to stimulate finance to the agriculture sector, has approved that the sum of N15bn be given to farmers at single-digit interest rate. The amount, which is a short-term intervention fund to be disbursed by the Bank of Agriculture, will be used for the 2013 […]

Final Margin Rule Release by Basel/IOSCO

Press Release Margin requirements for non-centrally cleared   derivatives The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) released Monday the final framework for margin requirements for non-centrally cleared derivatives (BASEL-IOSCO Margin Rules). The framework is available on the websites of the Bank for International […]