Eterna Plc, a company quoted in the oil and gas sector of the Nigerian Stock Exchange has recorded improved activities for the year ended December 2011. The company recorded a gross profit of N2.4bn in the year under focus, compared to N1.5bn recorded the previous year. Similarly, its operating revenues […]
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Oteh Lists Benefits of N22.6bn Forbearance Package
The Director-General of the Securities and Exchange Commission (SEC), Ms. Arunma Oteh, has commended the Federal Government on the N22.6 billion forbearance package for 84 stockbroking firms, saying the move would assist in boosting the market recovery. Speaking last week in Abuja, Oteh noted while the forbearance would improve the […]
Resort Savings and Loans deposit base hits N1.9bn
Resort Savings and Loans Plc has announced that its deposit base has hit N1.9bn, from a deposit liability of N480m in 2009. A statement by the mortgage bank on Tuesday stated that the bank had expanded from a three branch, two cash centre financial institution to a nine branch and […]
