National Coordinator, Independent Shareholders Association, ISAN, Mr. Adeniyi Adebisi, in this interview with Financial Vanguard spoke on audit committee membership and the provision of CAMA as well as government policy that affects the petroleum marketing companies quoted on the Nigerian Stock Exchange, NSE.

AGATHERING of vice-chancellors, rectors and provosts of tertiary institutions is bound to examine the education system. This time, the question was whether all education is actual education or if literacy including the one certified by a tertiary institution, means the recipient is educated.

The Anglican Communion, Diocese of Lagos which is the oldest Anglican Diocese in Nigeria had her Trinity ordination on Sunday 1st of July, 2018 where 4 well -trained Ordinands were made deacons and 8 Deacons were ordained as priests.

THE actual amount stolen from Nigeria’s Treasury between 1993-8, by former Military Dictator, Sanni Abacha, may never be known. Nonetheless, Amnesty International, for example, has suggested, that over $5bn of Abacha loot had been identified, even when speculations still persist that the audacious ‘shop lift’, by Abacha, and his associates, is probably nearer $10bn. The Nigerian treasury, may have been boosted by the recovery of well over $3bn, since Obasanjo initiated, the International pursuit of Abacha’s loot in September 1999.

NPF Microfinance Bank Plc has grown its profit after tax, PAT, by 14 percent to N631.89 million in its financial year ended December 31, 2017 from N554.9 million in 2016.

NIGERIA Bottling Company, NBC, bottlers of Coca Cola has said it will continue to invest in glass bottles as content container for its brands as it is more environmentally friendly, and helps the consumer to have a healthier drink.

THE equity trading on the Nigerian Stock Exchange, NSE, showed that the equities market fell Week-on-Week (W-o-W) as the NSE All Share Index, ASI dipped by 1.7 percent, dragging the Year to Date, YtD return lower to -1.61 percent, on renewed profit taking activities and weak demand despite the kick off of the Pension multi-fund structure in the week. There were twenty-seven (27) gainers and forty-three (43) losers last week.

SHAREHOLDERS of 11PLC (formerly Mobil Oil Nigeria Plc) have approved N2.6billion for payment as dividend translating to 800 kobo per share for its shareholders for the financial year ended December 31, 2017. However, the company‘s profit dropped marginally by 1.4 percent to N15.3 billion in 2017 from N15.5billion posted in 2016. However, financial sales revenue grew significantly to N125.26 billion in 2017, up by 33 percent from N94.11 billion recorded in 2016.

Mr Oluwaseyi Abe, is the Chief Executive Officer of Magnartis Finance and Investments Limited. In this interview, Abe offers insights into current developments in the capital market, regulatory framework to market infractions, achievement of Chartered Institute of Stockbrokers, CIS among others.

Tragedy struck weekend, as a final year student of Biochemistry at the University of Port Harcourt, UNIPORT, Rivers State, Blessing Igoni, died when the powerbike she was riding on crashed near Bori Camp, Aba Road, in Rumukpakolosi, Port Harcourt, the state capital.