currentprice:
Dangote flour missing on trading machine

meracool:

It's now TIGERBRANDS

Manonamission:
@Meracool; This your app ehn

currentprice:


noted brother

dem no go forget uncle Dangote

Born2berich:
What did you expect before..... Otedola has succeeded in making enough gains....The current price of FO is not sustainable..... It will fall back to its usual N210 price soon....I will only buy FO when it goes below N160-N170.

meracool:

What's up with my App

I think UBCAP is now UCAP

NextProdigy:


I have only one currently. ACCESS.

Elai147:
All of a sudden there is no offer on Dangote flour (Tigerbrands). Wetin com shele na

ihedioramma:
please is tigerbrands the new owner of dangflour?

Elai147:

Yes

ihedioramma:
what profit can you get by not telling the truth? only access? but what of e.t.c?

ihedioramma:
OANDO making the rich, richer but i said it .

locodemy:
Oando Defies Challenges, Builds Reserves
To $1.8bn
 November 23, 2015
With oil prices plummeting by nearly 60%, the domino effect of the
global slump has seen Nigeria’s indigenous firms scale back on
proposed Joint Ventures with IOCs, deeper cuts to capital spending, and
higher lending local terms due to a weakened Naira.
However, in spite of global crude price fluctuation and uncertainty, the
economic value of the Nigerian Proved and Probable Reserves (2P) of
Oando Energy Resources (OER), the Upstream subsidiary of energy
giant Oando PLC, has risen by a further $545 Million to $1.8 billion.
Renowned global petroleum consulting group DeGolyer and
MacNaughton conducted an annual independent reserves and resources
evaluation which saw OER significantly increase its reserves’ value,
both Proved (1P) and Proved and Probable (2P) Reserves by 44%, as a
result of technical revisions and its landmark acquisition of the Nigerian
upstream oil and gas business of ConocoPhillips.
Proved net reserves (1P) increased by 78% to 288.5 MMboe, while
Proved and Probable net reserves (2P) increased by 82% to 420.3
MMboe. The increase was largely due to the recognition of the
precedence of license renewals under the Nigerian Petroleum Act, which
is the basis of the extension of the reserves beyond the current license
limit.
Highlighting the surge in the reserves, Pade Durotoye, CEO, Oando
Energy Resources said, “The 2014 Reserves figures confirm our thesis
at the juncture we embarked on the transformative COP acquisition,”
said Pade Durotoye. “Subsequently, we’ve thrived in our operational
achievements with a five-fold increase in total production from 4,500
boepd to circa 56,000 boepd, and this large Reserves base gives us
significant scope and opportunity to further enhance production over the
coming years and pursue in-field exploration opportunities that will
further increase our Resource Base.”
Recently, OER also completed its 45,000bbls/day throughput volume,
52km Umugini alternate evacuation pipeline for the Ebendo Field, and
has underlined its forward approach in the new normal of low prices to
reflect the implementation of effective costcutting initiatives, disciplined
capex investments while optimising production levels via rigless
activities, and inorganic growth through M&A deals that provide long
term value.
However, Oando is looking to raise $402 million through a rights issue
and will be looking for shareholder approval for its plan at its next
meeting. The company will also seek to spin off its power and gas
subsidiaries to keep itself liquid.
In addition to the rights issue and the spin off the company will seek
approval in December to issue 40 billion naira of shares from its
unissued share capital to swap debt for equity under agreements it has
with two shareholders, Ocean and Oil Development Partners and QPR
Ltd.

dadem:
Does anyone have a take on why Fbnh is fighting so hard against going below N5?

Raider76:


I have been observing this since last week. It seems there are many people with large holdings willing to sell or buy only at N5.00. Any time offers are made at N5.00 they are quickly filled. Same as N5.00 bids. I think the situation will only change when one either the bids or offers ran out.

NextProdigy:


TRUTH is often what we "hope/want" to hear and we often miss the "TRUTH" simply because it defies our own reality.

I have only ACCESS. I had UBA prior to that and AFRIPRUD prior to UBA.

Coincidentally, I believe in putting all my eggs in one basket and watching that basket well. It's been a much easier strategy for me.

Now that's the TRUTH. However, you believing it is your CHOICE.

dadem:
Does anyone have a take on why Fbnh is fighting so hard against going below N5?

Youngzedd:
Brothers and sisters in the Lord.


I need two solid non banking and oil stock to JI.

Kindly suggest.

UNIPETROL!!! . Hope you are among the initiated.


Thanks in anticipation.

Youngzedd:
Brothers and sisters in the Lord.


I need two solid non banking and oil stock to JI.

Kindly suggest.


Thanks in anticipation.