FBN Capital Limited has been awarded the ‘Africa Oil and Gas Deal of the Year Award’ for the Oando Energy Resources US$350 million Conoco Phillips assets acquisition deal. The award was conferred at the prestigious IJGlobal Europe & Africa Awards 2014, organized by the Infrastructure Journal & Project Finance Magazine on the 19th of February at the Natural History Museum in London.

THE Minister of Mines and Steel Development, Mr. Mohammed Sada Tuesday said that the Federal Government through the Assets Management Company of Nigeria, has perfected necessary arrangements to sell the Delta steel company to an automobile firm.

The Federal Government has expressed grave concerns over the sustained vandalism of gas pipelines, noting that the incidents have constrained gas supply to power plants and held generation at less than 4,500 megawatts, MW. The Minister of Power, Prof. Chinedu Nebo, who stated this while speaking at an event in Abuja, regretted that once the power generation was approaching 5,000MW, the vandals struck and brought it down to about 3,000MW

Last week’s article concluded the series on “You can Invest”. Expectedly the series generated some reactions from readers in the form of questions and comments. A few of the questions and our responses are presented below for the benefit of other readers.

On the top 10 performing stocks last week were the shares of Guaranty Trust Bank Plc, Okomu Oil Palm Plc, FBN Holdings Plc, Seplat Petroleum Development Co. Plc, Presco Plc and May & Baker Plc.