Tag: InvestAdvocate

Nigeria in ‘exploratory talks’ with World Bank, not asking for emergency loans: minister

Mon Feb 1, 2016/Reuters Nigeria has held exploratory talks with the World Bank to borrow in order to help fund a record budget in 2016 but has not applied for any emergency loans, Finance Minister Kemi Adeosun said on Sunday. Africa’s top oil producer is planning to borrow as much […]

Guinness Nigeria Appoints New Company Secretary, Non-Executive Director

By InvestAdvocate Lagos (INVESTADVOCATE)-Brewer, Guinness Nigeria Plc said on Monday it has appointed Rotimi Odusola, new company secretary with immediate effect, the company said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). “In his role as company secretary, Rotimi will guide and support the Board of Directors of […]

Chevron finally hands over producing assets to Seplat

January 29. 2016/TheCable Chevron Nigeria Limited has formally handed over the producing assets in OMLs 53 and 55 to Seplat Petroleum Development Company Plc following a supreme court judgement. Officials of Seplat and Belemaoil Producing Limited (Belemaoil) attended the handover ceremony which took place at the Lagos headquarters of Chevron […]