Other News

Oando Issues Profit Warning For Q1 2016
Big Business

Oando Issues Profit Warning For Q1 2016

In spite of releasing its Q1 2016 result late, Oando PLC is not releasing the result yet, but issuing a profit warning for the yet to be released result. In a statement of released and signed by Tokunboh Akindele Head, Investor Relations, to the Nigerian Stock Exchange, NSE the company […]

AfroCan Clarifies Its Involvement In Botched Deal With Vantage Goldfields
Global

AfroCan Clarifies Its Involvement In Botched Deal With Vantage Goldfields

AfroCan Resources Gold Ltd has responded to recent media reports regarding its involvement in the Vantage Goldfields Ltd transaction. With a single statement “AfroCan denies much of the positioning …. and notes that certain statements are mere spurious allegations.  AfroCan has issued a formal communication to Vantage Goldfields Limited the Australian holding […]

June Inflation Rises To 16.5% from 15.6% in May
Policy

June Inflation Rises To 16.5% from 15.6% in May

The much expected June inflation data is out. According to the National Bureau of Statistics, NBS, inflation for June rose by 0.9% to hit 16.5%. “The Headline index increased by 16.5% (year-on-year), 0.9% points higher from rates recorded in May (15.6%). “While most COICOP divisions Which contribute to the Headline index […]