Posted on April 5, 2009 by Fortune&Class
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Posted on March 29, 2009 by Fortune&Class
“He should be in prison,” Otedola said.
Not a few investors in the shares of Africa Petroleum Plc and other mainstream investors were scandalised with the sanctions considered appropriate by the Council of the Nigerian Stock Exchange in chastising the individuals and organisations that were involved in Nigeria’s most publicly denounced case of [...]
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Posted on March 24, 2009 by Fortune&Class
In the consideration of mainstream investment community the public offer conducted by Finbank, (known at the time of the offer as First Inland Bank) has become one of the most storied public offers in the annals of the nation’s capital market activities. So many things seemed to have gone wrong with the offer climaxing, last [...]
Filed under: BusinessNEWS | Tagged: BGL Securities Ltd, capital market, Deap Trust Investment Ltd, finbank, FinBank Registrars Ltd, first inland bank, FirstInland Bank Plc, FirstInland Capital Ltd, FirstInland Securities & Assets Management Ltd., Furtuerview Financial Services Ltd, Greenwich Trust Ltd, Integrated Trust & Investment Ltd, limiting factor, news, non-listing of shares, Oceanic Bank Int`l Plc, overdue 2008 public offer, SEC, sec tower, Securities and Exchange Commission, share certificates, Skye Bank Plc, Sterling Capital Markets Ltd | Leave a Comment »
Posted on March 24, 2009 by Fortune&Class
In the consideration of mainstream investment community the public offer conducted by Finbank, (known at the time of the offer as First Inland Bank) has become one of the most storied public offers in the annals of the nation’s capital market activities. So many things seemed to have gone wrong with the offer climaxing, last [...]
Filed under: BusinessNEWS | Tagged: BGL Securities Ltd, capital market, Deap Trust Investment Ltd, finbank, FinBank Registrars Ltd, first inland bank, FirstInland Bank Plc, FirstInland Capital Ltd, FirstInland Securities & Assets Management Ltd., Furtuerview Financial Services Ltd, Greenwich Trust Ltd, Integrated Trust & Investment Ltd, limiting factor, news, non-listing of shares, Oceanic Bank Int`l Plc, overdue 2008 public offer, SEC, sec tower, Securities and Exchange Commission, share certificates, Skye Bank Plc, Sterling Capital Markets Ltd | Leave a Comment »
Posted on March 8, 2009 by Fortune&Class
Nigeria may have the honour of having two of its citizens listed in the 2009 edition of the annual Forbes list of the world richest. Fortune&Class Weekly can report that Mr. Femi Otedola, Chairman of African Petroleum Plc and Zenon Oil and Gas would join Alhaji Aliko Dangote, the first Nigerian on the list [...] [...]
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Posted on February 28, 2009 by Fortune&Class
An under the table deal to acquire the shares of on suspension Afroil by Eternal Oil at the detriment of other shareholders in the company, has been exposed and reported to the Securities and Exchange Commission.
The SEC had in March 2008 announced the suspension in the trading of the shares of Afroil as a…
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Posted on January 15, 2009 by Fortune&Class
Furthermore, strong majorities of respondents say the results of their initiatives met their expectations for speed, implementation cost, and gains in market share or efficiency.
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