* Chevron selling five onshore oil blocks * NNPC warns buyers may not get right to operate them Nigeria’s state oil company warned investors interested in three shallow water oil blocks offered for sale by Chevron that buyers may lose the right to operate them. U.S.-based Chevron is selling minority […]
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Vitafoam gets shareholders’ approval to raise N4bn
The management of Vitafoam Plc has received approval to raise N4bn from the capital market. The approval was given by its shareholders at the company’s Extra Ordinary General Meeting in Lagos. A statement by the company on Wednesday said the shareholders at the meeting authorised the management to raise the […]
AMCON denies taking over Wema Bank
The Asset management Corporation of Nigeria on Wednesday denied claims that the corporation had taken over the ownership of Wema Bank. According to the Head, Corporate Communications, AMCON, Mr. Kayode Lambo, the agency does not interfere with the running of the bank. “AMCON does not have any impact on Wema […]
