Uncategorized

Conoil declares N2.949 billion Profit, proposes N2.50 dividend for 2011

By InvestAdvocate Lagos (INVESTADVOCATE)-Petroleum Marketing Firm, Conoil Plc Wednesday declared a N2.949 billion Profit After Tax (PAT) and has proposed a dividend of N2.50 for the Audited Report for the Period ended December 31 2011. This is contained in the Result Announcement of the Company to the Nigerian Stock Exchange […]

Arunma Oteh returns, MoF gives reasons

July 18, 2012 / Agency Report  The Director General of Nigeria’s Securities and Exchange Commission (SEC) has been recalled from compulsory leave.  She is to resume at her duty post to continue the ‘world class reforms’ targeted at eradicating the culture of graft, corruption and mediocrity which is prevalent in […]

When Inflationary Pressure Pushes the Economy in the Wrong Direction

By Victor Ogiemwonyi   Keen observers of the Nigerian economy will notice the rapidly declining key indices for measuring the macroeconomic activities of a country. The triple rates that are inflation, interest and FOREX, are currently in their worst translation in years. Added to the unemployment situation, experts are beginning to […]