By Ronke Badmus Tuesday, 31 Aug 2010 The Chairman, Seven- Up Bottling Company, Mr. Faysal El-Khalil, has said that the beverage company’s market capitalisation has hit N25bn. He said the company was also controlling 40 per cent share of the beverage industry in the country. El-Khalil, who disclosed […]
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SEC, NSE investigates alleged manipulation of AP’s accounts
By Gbenga Agbana Thursday, 22 Jul 2010 The Securities and Exchange Commission and the Nigerian Stock Exchange are currently investigating an alleged manipulation of the accounts of African Petroleum Plc in the 2009 financial year. The commission, which spoke through its Assistant Director and Head of Media, Mr. […]
NDIC to Peg Depositors Refund
From Ernest Chinwo in Calabar, 07.20.2010 The Nigeria Deposit Insurance Corporation (NDIC) has disclosed its plans to peg depositors refund from failed banks at between N200,000 and N500,000.Managing Director of NDIC, Alhaji Umaru Ibrahim gave the indications at the opening ceremony of a conference in Calabar, Monday, to fine […]
