Author: InvestAdvocate

Ekiti N20bn bond gets stakeholders’ approval

The N20bn bond issuance programme of the Ekiti State Government has received approval and endorsement of stakeholders across the country. A statement on Friday quoted the Governor of the state, Dr. Kayode Fayemi, as saying that the bond, which was oversubscribed, would be used to fund developmental projects across the […]

Consolidated Breweries invests N1.3bn in Benue Brewery

Benue Brewery Limited, which was recently acquired by Consolidated Breweries Plc, is being repositioned by the new owners with an injection of N1.3bn towards revving up its operations.  The move, according to the new owners, is just part of measures to ensure that More Lager Beer, the premium product of […]

Sale of OPL 245 to Shell/ENI illegal and fraudulent

ATTN: Hon. Sen. Lee Ledego Maeba, Chairman Committee on Upstream Petroleum Committee on Upstream PetroleumFederal Republic of Nigeria December 10th 2011 Dear Sir RE: APPROVAL AND SALE OF OIL BLOCK OPL 245 BY DPR AND MINISTRY OF PETROLEUM TO SHELL & AGIP On the 7th of December 2011 various news […]