Facts not pleaded go to no issue
This is a land dispute between two communities in Imo State: The Umuchoke Community of Dikenafai, Ideato South LGA of Imo State and the Umuabor Community of Dikenafai aforesaid. The dispute over a vast area of land of which the land in dispute in this case forms a part started 63 years ago in 1947 at the Northern Isu Native Court in Civil Suit No. 301/47.
Total shareholders seek Rights Issue, commend performance
Shareholders of Total Nigeria Plc have asked its Board of Directors to come up with a Right Issue that will enable them increase their stake, just as they commended the performance of the company for the financial year ended December 2009.
May & Baker eyes N40bn international funds
May and Baker Nigeria Plc has declared its willingness to access the N40 billion international funds, even as it intensify effort to complete the construction of its ultra modern pharmaceutical plant by September 2010.
NSE indices plunge further by 0.78%
The declining fortune of the key performance indicators of the Nigerian Stock Exchange continued, Wednesday, as the market capitalisation and All-share index both dropped by 0.78 per cent each, leading to a decline in equities’ value by N48.91 billion.
Oceanic Bank defaults in paying one for 10 bonus to shareholders
Oceanic Bank Plc on Tuesday announced its inability to give a bonus of one for 10 earlier promised its shareholders. The Director General of the Nigerian Stock Exchange (NSE), Prof. Ndi Okereke-Onyiuke, who made the announcement in Lagos, explained that the bank could not meet its promises because it was technically insolvent.
Farm trade safeguard would have limited impact ,study
A controversial plan to allow developing countries to raise tariffs temporarily to cope with a destabilising flood of food imports or drop in food prices would actually have little impact on trade flows, a new study shows.
