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Niger Delta E&P pledges enhanced dividend payment to investors

Niger Delta E&P pledges enhanced dividend payment to investors

Niger Delta Exploration & Production (NDE&P) Plc listed on NASD OTC Plc, an over-the-counter securities exchange, has assured its shareholders of enhanced dividend payment in the coming years, even as it has revealed plans to raise $400 million from the domestic capital market. Speaking at NASD OTC Market analysts forum and conference call in Lagos, the Managing Director/CEO, Dr. Layi Fatona, said the company has consistently paid dividend in the last eight years, in addition to enjoying 10 years of uninterrupted oil and gas production in the country.

Insurance operators lament impact of   forex crisis

Insurance operators lament impact of forex crisis

As the economy of the country continues to witness challenges due to the fluctuations in foreign exchange rate, insurance practitioners have said that the situation is having adverse effects on insurance business. Managing Director of Universal Insurance Plc, Mr. Ben Ujoatuonu said that insurance is an international business as such the marine aspect of insurance business is being affected because importation is at its lowest ebb.

AFCON Qualifier:  Siasia okays Kaduna stadium, hotel

AFCON Qualifier: Siasia okays Kaduna stadium, hotel

Ahead of the make or mar 2017 African Cup of Nations (AFCON) qualifier againsta the Pharaohs of Egypt, the caretaker coach of the Super Eagles, Samson Siasia, over the weekend inspected and certified the Ahmadu Bello stadium in Kaduna fit to host the crucial tie billed for March 25.

HUAWEI: Splendid achievement

HUAWEI: Splendid achievement

HUAWEI Technologies, the leading provider of next generation telecommunications solutions, has been conducting business in Nigeria for 16 years. Since entering the market, the company has helped to improve Nigeria’s ICT infrastructure which plays an important role in GDP growth and job creation. Frank Li is the Managing Director of Huawei Nigeria.

Shell wins 2016 NOGIG

Shell wins 2016 NOGIG

Shell Petroleum Development Company of Nigeria weekend won the 2016 Nigerian Oil and Gas Industry Games, beating their hottest rivals the Nigeria National Petroleum Corporation to the second place.

A thought for Lagos child hawkers

A thought for Lagos child hawkers

ASHABI jumped deftly aboard the large bus that was just coasting to a stop at Oshodi, managing to unsteadily balance a tray of beef rolls in one hand and hung on for dear life to the bus’ doors as passengers struggled to alight from it. She is eleven years old, and the time was few minutes away from 10pm.

Ajimobi inaugurates LGs caretaker chairmen

Ajimobi inaugurates LGs caretaker chairmen

Ibadan—Governor Abiola Ajimobi of Oyo State will today inaugurate the caretaker chairmen for the 33 local governments of the state at the Executive Chambers of the Governor’s Office.

ITTF Ranking: Quadri’s Africa’s best

ITTF Ranking: Quadri’s Africa’s best

After months of dominance over Nigeria’s Aruna Quadri in the ITTF ranking, Egypt’s Omar Assar has been displaced by the 2014 ITTF Star Player inthe March 2016 ITTF ranking released yesterday.