Shareholders associations in the country have said that the conflicting information emanating from the Securities and Exchange Commission and the Nigerian Stock Exchange on trading in the shares of Afroil Plc and Capital Oil Plc is capable of misleading investors.
According to them, the perceived unhealthy relationship between the two bodies, if not harmonised, may hamper [...]
Archive for March 24th, 2008
Shareholders seek clarification on Capital Oil, Afroil suspension
March 24, 2008AP records N102bn turnover, declares N7 dividend
March 24, 2008African Petroleum Plc has declared a turnover of N102.03bn in its audited results for the year ended December 31, 2007, according to the Nigerian Stock Exchange report for the week ended Thursday, March 20, 2008.
The report noted that the figure represented an increase of 25 per cent over the N81.93bn recorded in 2006.
The company’s profit [...]
