Tag: InvestAdvocate

NSE Delists 913.9 Million Ordinary Shares of Wema Bank

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said Friday it has delisted a total of 913,907,131 units of ordinary shares of 50 kobo each belonging to Wema Bank Plc The Exchange said the shares represented the unpaid portion allotted to SW8 Investment Limited in May 2009 now reversed in […]

Nigeria may reduce $38/barrel budget oil benchmark if prices fall further: minister

Fri Mar 4, 2016/Reuters By Camillus Eboh Nigeria may reduce the oil benchmark of $38 per barrel outlined in its 2016 budget if global crude prices continue to fall, the budget and planning minister said on Thursday. The drop in the oil price to around $30 a barrel, from over […]