Oando grows half year revenue to N2.1trn
Oando Plc has recorded a 20 per cent increase in revenue to N2.1 trillion for the half-year ended June 30, driven by higher crude oil production, improved operational efficiency and cost optimisation.
Animal farming easiest way of gaining employment, income – Expert
Food and farming are foundational to a healthyNation,Nigeria has a good climate condition for farming and large areas of farmland, yet it has a problem with employment generation and food security through agriculture. Globally, farmers are said to be kings because they make food available for the society.
Maritime stakeholder, arrested for writing to President Jonathan
ON April 3, armed men from the Federal Operations Unit (FOU), Nigeria Customs Service, (NCS) stormed Lucky Amiwero’s, President, National Council of Managing Directors of Licensed Customs Agent’s (NCMDLCA’s) office, beat him, before he was whisked away to the FOU office in Ikeja, for alleged misinformation.
PHCN, FBN risk contempt over power purchase agreement
Managers of First Bank Nigeria (FBN) Plc and Power Holding Company of Nigeria (PHCN) may face contempt charges at the Lagos High Court Igbosere over a dispute arising from breach of contribution in Barge Power Purchase Agreement entered into by PHCN and Lagos State Government in 2000.
Union Bank boss makes case for agric financing
Group Managing Director of Union Bank of Nigeria Plc, Mrs Funke Osibodu has called for concerted efforts by banks to make agricultural financing attractive and profitable for shareholders/depositors by focusing on a holistic value chain.
IOSCO raises concerns over regulation of derivatives trading
As the Nigeria Stock Exchange, NSE, plans to introduce derivatives trading in the next couple of months, the International Organization of Securities Commissions, IOSCO, has raised concerns on the need for effective regulation of the derivatives market to ensure it does not lead to a crash in the capital market.
