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Skye Bank Finances Pan Ocean’s Gas Plant

As further demonstration of its renewed commitment to the development of indigenous capacity in the oil and gas sector, through funding, Skye Bank Plc has provided funding for Pan Ocean Oil Corporation’s Ovade-Ogharefe Gas Processing Plant.   The Ovade-Ogharefe Gas Processing Plant was designed as a Carbon Emission Reduction Project […]

Top gainers boost market indices by 1.6%

Market indices were lifted further on Monday, following some significant rise in the prices of major stocks in the Nigerian Stock Exchange. At the close of equity trading activities, 48 stocks recorded price appreciation, while 11 stocks depreciated in value. First City Monument Bank Plc recorded the highest gain for […]

Bank of America, other banks move closer to ending mortgage mess

Bank of America Corp announced more than $14 billion of legal settlements over bad mortgages it sold to investors and flaws in its foreclosure process, taking the bank a step closer to ending the home loan problems that have dogged it for years. About $3 billion of Bank of America’s […]