Shares of Nigerian energy firm Oando surged 10 percent on Monday after it said it had ended a long wait to secure funds to acquire the upstream oil and gas business of ConocoPhillips in Nigeria. Oando shares, which dropped nearly 30 percent last week, rose 1.86 naira to 21.11 naira […]
Tag: Nigeria
SEC Declares David Torty, TMA Consulting Illegal Operator
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria’s Securities and Exchange Commission (SEC) Friday announced that one Dr. David Torty and TMA Consulting Group is illegal operator in the Nigerian capital market (NCM). In its official website, SEC said David Torty and TMA Consulting are not registered by the Commission to […]
BOI To Start Disbursement Of $500m Fund
The Bank of Industry (BoI) on Friday announced that it would soon commence the disbursement of the African Development Bank’s $500 million (N80 billion) fund to industrialists in Nigeria. This is even as the bank put the total loan disbursement across various sectors of the Nigeria economy within two years […]
