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 […]
Tag: Seplat Petroleum Development Company Plc
NSE Records 2-Day Losing Streak on Sell-Offs, Index Dip 2.09%
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday recorded a two-day losing streak as all-share index (ASI) dipped 2.09 percent on sell-offs in the Banking, Industrial and Consumer Goods sectors. According to Cordros daily market update, the ASI closed at 23, 333.34 basis points, while market capitalisation decreased […]
Nigerian Bourse Halts 4-Day Bullish Run on Profit Taking
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian bourse on Tuesday halted a four-day bullish run on profit taking in blue-chip stocks such as lenders, Zenith Bank Plc, Guaranty Trust Bank Plc and FBN Holdings Plc resulting in a 0.55 percent decline. Cordros daily market update reported that all share index (ASI) closed […]
