Friday, 30 June 2017

SANCTIONS AGAINST BANKS OVER ILLICIT FUNDS TRANSFER

The acting President, Professor Yemi Osinbajo, must have addressed various relevant issues of interest at the opening ceremony of the Conference on Promoting International Co-operation in Combating Illicit Financial Flows and Enhancing Asset Recovery to Foster Sustainable Development, held in Abuja the other day.

Thursday, 29 June 2017

TECTONO CONGRATULATES WALE TINUBU, GMD/CEO OF OANDO PLC

Wale Tinubu, GMD/CEO, Oando Plc
We, the management of
TECTONO BUSINESS REVIEW,
Congratulate the
Group Managing Director and Chief Executive Officer of
OANDO PLC,
Wale Tinubu, LLB, BL, LLM
as he marks the 50th anniversary of his birth.

TECTONO FELICITATES WITH A CELEBRATED UNN-TRAINED GEOLOGIST, AUSTIN AVURU

Austin Avuru
We, the management of
TECTONO BUSINESS REVIEW,
felicitate with
Austin Avuru,
a renowned University of Nigeria, Nsukka-trained Geologist,
on the official commissioning of the
AUSTIN AVURU BUILDING
in the University of Nigeria, Nsukka erected by
PLATFORM PETROLEUM LIMITED

POWER SECTOR REFORM IN NIGERIA: THE MISSING LINK

The President and Chairman of Council,
Engineer Otis Oliver Anyaeji, FNSE, FAEng,
Council and Board of Fellow of the
NIGERIAN SOCIETY OF ENGINEERS
Announce
FELLOWSHIP CONFIRMATION CEREMONY

MERISTEM REGISTRARS & PROBATE SERVICES LIMITED: THE BEST PROBATE MANAGEMENT FIRM

Wahala Today
Palaver Tomorrow
Accessing property, cash, shares and other assets left behind by deceased loved ones does not have to be this hard.

ETHIOPIAN AIRLINE: YOUR AIRLINE OF CHOICE

Where flying is a pleasure

INVESTORS WANT SEC TO COMPEL QUOTED FIRMS TO MAKE THEIR DIVIDEND POLICY PUBLIC.

Worried about the arbitrary approach to listed firms’ dividend declaration, capital market shareholders are seeking regulatory approval, mandating quoted companies, especially top firms by market capitalisation to submit statement of dividend policy and make it public.

Wednesday, 28 June 2017

GET 15% OFF YOUR CAR INSURANCE WITH ENSURE INSURANCE

Yes, you can now enjoy 15% rebate when you insure your car with
ENSURE INSURANCE

STANDARD CHARTERED: NUMBER 1 DIGITAL BANK IN AFRICA AND THE MIDDLE EAST

Standard Chartered is the Africa and the Middle East’s number one digital bank that lets you access your finances anywhere.

CHELLARAMS PLC TRANSFERS LICENCE TO CHELLARAMS DMK LIMITED

This is to inform the general public that
CHELLARAMS PLC
(RC639)
at 110/114, Oshodi Apapa Express Way, Isolo, Lagos
has transferred its licence for
DAIRY PRODUCTS
to
CHELLARAMS DMK LIMITED
(RC1368904)
at Plot 110/114, Oshodi Apapa Express Way, Isolo, Lagos.

SAMSUNG GALAXY S8/S8+: THE SMART PHONE THAT STAYS WITH YOU COME RAIN OR SHINE

Samsung Galaxy S8/S8+ is water resistant at IP68 rating! It can be submerged in up to 1.5 meters of fresh water for up to 30 minutes.

NIMASA SIGNS MOU WITH GHANA MARITIME AUTHORITY

The Federal Government through the Nigerian Maritime Administration and Safety Agency (NIMASA), is set to sign a Memorandum of Understanding (MoU), to provide support to the Ghana Maritime Authority (GMA).

NIGERIANS REJOICE AS CHI LIMITED INTRODUCES GOGURT, ALSO KNOWN AS ‘AJALA’, TO THE MARKET

Tectono Business Review gathered that Chi Limited has added to its stable the Gogurt pack, under the Hollandia Yoghurt brand, as it strives to keep to its brand promise of “Nourishing Goodness for Every Moment.”

Monday, 26 June 2017

AFRICA FINANCE CORPORATION APPROVES KENYA AS 15TH MEMBER COUNTRY

africa finance corporation logo
The Africa Finance Corporation has announced that Kenya, East Africa’s largest economy, has become its latest member country, according to a statement released a few days ago.

CENTRAL BANK OF NIGERIA EXPLAINS WHY IT CANNOT DEVALUE THE NAIRA

central bank of nigeria logo
The Central Bank of Nigeria (CBN) has given explana­tions why it would not suc­cumb to prehttp://eu2.madsone.com/ad/100171498482527000130/752f2bbe5321902e/mads.gifssure to further devalue or float the Naira. CBN Acting Director, Public Communications, Mr. Isaac Okora­for, gave the explanations in Umua­hia, Abia State during a sensitiza­tion forum on CBN intervention programmes for young entrepre­neurs, farmers, traders, cooperative societies,and young school leavers.

CHINA’S SAFE POLICY TO SLOW DOWN OVERSEAS INVESTMENTS

Chinese companies were a major force in global cross-border M&As in 2016. According to statistics from Thomson Reuters, China’s cross-border M&A transactions totaled $221 billion in 2016, more than double the figure of $109 billion seen in 2015, marking a historic high and accounting for about 6.14 percent of global M&As in terms of value.

NIGERIA IS THE 19TH ATTRACTIVE INVESTMENT DESTINATION IN AFRICA, SAYS QUANTUM GLOBAL

Quantum Global has released its latest Africa Investment Index (AII), showing that Nigeria ranks as the 19th most attractive destination for foreign investment in Africa.

Sunday, 25 June 2017

PASSAGE OF THE PETROLEUM INDUSTRY GOVERNANCE BILL (PIGB), INSTEAD OF PETROLEUM INDUSTRY BILL (PIB)

The passage of the Petroleum Industry Governance Bill (PIGB) by the Senate, the other day, represents a good starting point in the effort to re-position Nigeria’s oil and gas industry. Though, it is not yet clear what the details of the content of the new bill is after the original Petroleum Industry Bill (PIB) was renamed PIGB, it is, nevertheless, commendable that the bill, which languished in the parliament for many years, has finally been passed to address some problems plaguing the oil industry.

CBN AND NCC MOVE TO SAVE ETISALAT NIGERIA FROM ASSETS STRIPPING AND JOB LOSSES

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have announced that they would intervene in the ongoing loan dispute between Etisalat Nigeria and some Nigerian banks.

PTAD TAKES OVER N13B ASSETS FROM JIMOH IBRAHIM’S NICON INSURANCE

Dr. Jimoh Ibrahim, CFR, Chairman, NICON Insurance 
Tectono Business Review gathered that about 28 landed properties valued at N13 billion have been handed over to the Pension Transitional Arrangement Directorate (PTAD), as a Pension Legacy Funds domiciled with the company by the NICON Insurance Limited.

Saturday, 24 June 2017

KC FINANCE & INVESTMENT LIMITED METAMORPHOSES TO CREDITE CAPITAL FINANCE & INVESTMENT LIMITED

This is to inform our esteemed clients and customers, the Central Bank of Nigeria (CBN) and the general public that
KC FINANCE & INVESTMENT LIMITED
is now
CREDITE CAPITAL FINANCE & INVESTMENT LIMITED

PROTECT YOUR SAMSUNG GALAXY S8/S8+ WITH ADVANCED SECURITY FEATURES

PROTECT ALL THAT MATTERS TO YOU WITH ADVANCED SECURITY FEATURES

The Galaxy S8/S8+ is equipped with the highly convenient and advanced Iris Scanner and facial recognition securities features

Friday, 23 June 2017

BUNORR INTEGRATED ENERGY LIMITED: WE BUY USED ENGINE OIL FOR RECYCLING

Yes, we buy genuine used engine oil for recycling.
If you have it and wish to sell or properly dispose it, contact us via: 08027271148.

PANAFRICAN CAPITAL LIMITED WITHDRAWS FROM ISSUING HOUSE FUNCTION

WITHDRAWAL OF REGULATION AS CAPITAL MARKET OPERATOR UNDER THE INVESTMENT AND SECURITY ACT 2007
In a bid to restructure our business for operational efficiency, PanAfrican Capital Limited hereby notifies the general public of its withdrawal from its Issuing House functions under the Securities and Exchange Commission (SEC) under the Investment and Securities Act 2007.

Thursday, 22 June 2017

TECTONO CONGRATULATES THE VICE PRESIDENT OF FULL GOSPEL BUSINESSMEN’S FELLOWSHIP INTERNATIONAL (LAGOS MAINLAND CHAPTER), ICHIE CHIDI MOZIE

We, the management of
Tectono Business Review,
congratulate a celebrated freight forwarder and shipping magnate  who is also the
VICE PRESIDENT
of the
FULL GOSPEL BUSINESSMEN’S FELLOWSHIP INTERNATIONAL
(Lagos Mainland Chapter),
Ichie Chidi Mozie,
as he celebrates the anniversary of his birth

CONTACT THRISLINGTON INTERIOR LIMITED FOR OFFICE PARTITIONING

Partition your office within 24 hours with choice colours

AVEON OFFSHORE LIMITED

Significant local content milestone achieved by the leading Nigerian fabrication company

24TH AFRICA OIL WEEK

AFRICA UPSTREAM LEADING CONFERENCE AND NETWORKING FORUM FOR EXPLORATION STRATEGY AND DEAL MAKING

ADKAN SERVICES NIGERIA LIMITED: PLOTS OF LAND FOR SALE @ KARU

Purchase empty plots of land from N1.9Million @ Vintage Estate, Karu
Build your dream homes in an estate with modern infrastructures with asphalt paved roads, concrete drains, walkways, streetlights, electricity etc.

Wednesday, 21 June 2017

PROF. YEMI OSIBANJO TO SPEAK @ THE 5TH ANNUAL CHRISTOPHER KOLADE LECTURE

Professor Yemi Osibanjo, SAN, GCON
5TH ANNUAL CHRISTOPHER KOLADE LECTURE ON BUSINESS INTEGRITY

THEME
PREVENTION IS BETTER THAN CURE
EVEN ON THE ISSUE OF CORRUPTION

Tuesday, 20 June 2017

NNPC DISCLOSES THAT NIGERIA EARNS $2.5BN FROM EXPORTATION OF OIL AND GAS

Nigeria’s total crude oil and gas export receipt from March 2016 to March 2017 stood at $2.50 billion, according to the Nigerian National Petroleum Corporation (NNPC).

OILSERV BOSS, DR. EMEKA OKWUOSA, SPEAKS ON USING PROPER STRATEGIC MANAGEMENT TO SOLVE POWER SECTOR CHALLENGES

Engr. Dr. Emeka Okwuosa, CEO, Oilserv
Engineer Dr. Emeka Okwuosa is the Chairman and Chief Executive Officer of Oilserv Limited. He is also an active member of the Society of Petroleum Engineers (SPE), Nigerian Council, and the Petroleum Technology Association of Nigeria (PETAN). In this interview, he offered possible solutions to Nigeria’s electricity challenges. Sit back and enjoy it.

Sunday, 18 June 2017

UAC REWARDS SHAREHOLDERS WITH N1.92BILLION DIVIDEND AS IT SEEKS TO IMPROVE OPERATIONS VIA N15.4BILLION RIGHT ISSUE

uacn logo
UAC of Nigeria Plc (UAC) has made known its plans to boost group operations with N15.4billion rights issue in line with the financial restructuring of its subsidiaries using internally generated funds.

BE A DISTRIBUTOR OF MAC FELAY PREMIUM DRINKING WATER

A new FMCG Company in Owode-Ofada, Ogun State, is looking for Nationwide Distributors for its Bottled Water Products, Mac Felay Premium Drinking Water.

2017 ENTREPRENEURSHIP SUMMIT

EMGRAMY NIGERIA LIMITED
In conjunction with
LEKOW ASSOCIATED SERVICES LIMITED
Presents
2017 ENTREPRENEURSHIP SUMMIT

SIGMA GOLF-RIVERBANK CONSORTIUM COMPLETES ACQUISITION OF KEYSTONE BANK

keystone bank
SIGMA GOLF NIGERIA LIMITED
And
RIVERBANK INVESTMENT LIMITED
(SIGMA GOLF-RIVERBANK CONSORTIUM)
Announces the Acquisition of the
Asset Management Corporation of Nigeria’s Total Equity Holding (100%)
Consisting of
6,250,000,001Ordinary Shares of N1 each in
KEYSTONE BANK LIMITED
For a Consideration of
N25,100,000,000.00 (at N4.016 per Share)

Saturday, 17 June 2017

SENATE PRESIDENT, DR. BUKOLA SARAKI, TO SPEAK ON LAW AND THE CHANGING FACE OF LEGAL PRACTICE

Dr. Bukola Saraki, President of the Senate
The
NIGERIAN BAR ASSOCIATION
SECTION OF BUSINESS LAW
Presents
11TH ANNUAL BUSINESS LAW CONFERENCE

Friday, 16 June 2017

SEVEN UP BOTTLING COMPANY PLC NEEDS HAULAGE PARTNERS

7up logo
LET’S MOVE YOUR BUSINESS AS YOU MOVE OUR BUSINESS
Seven Up Bottling Company Plc invites you to tender for the provision of haulage services in the following areas:
-Enugu (based only in Enugu)
-Lagos to Up Country (Abuja – Kaduna)

Thursday, 15 June 2017

OPEN AND CLOSE YOUR GATE FROM YOUR CAR, HOUSE OR ANYWHERE IN THE WORLD WITH CENTURION SYSTEMS

TAKE ABSOLUTE CONTROL OF YOUR GATE WITH CENTURION SYSTEMS
-Controlled access to your premises
-Affordable and reliable
-Remote-controlled operation
-Quite, fast opening and closing speeds
-Intruder-detection alarm features (safety beam must be installed)
-Optional GSM device to operate and monitor your gate from anywhere in the world
-All products come with one year warranty

CENTRAL BANK OF NIGERIA’S DEVELOPMENT FINANCING AGENDA

-Micro, Small and Medium Enterprises (MSME) Fund
-SME Financing Facility
-National Secure Transaction and Collateral Registry
-National Credit Scoring System
-Agricultural Credit Guarantee Scheme (ACGS)
-Commercial Agricultural Credit Scheme (CACS)
-Infrastructural Financing
-Promoting Health Sector Financing

Wednesday, 14 June 2017

ETIHAD CARGO AND ROYAL AIR MAROC CARGO SIGNS MOU TO COLLABORATE

Etihad Cargo and Royal Air Maroc Cargo have signed a Memorandum of Understanding (MOU) which will see the two airlines cooperate in a number of areas including network development, freighter deployment and increasing traffic on several trade lanes over the next nine months.

CBN INJECTS ANOTHER $418M INTO FOREX MARKET

Barely 24 hours after the Central Bank of Nigeria (CBN) boosted the inter-bank foreign exchange market with $413.5 million, the bank yesterday injected another $418m into various segments of the inter-bank forex market.

DMO SELECTS UBA, BANK OF AMERICA, OTHERS TO MANAGE DIASPORA BOND

The United Bank for Africa Plc has been selected to act as Joint Lead Manager for Nigeria's historic first global offering of Diaspora Bond. The international bond has the UBA along with a syndicate of global banks which includes Bank of America Merrill Lynch and the Standard Bank of South Africa Ltd.

AFE BABALOLA UNIVERSITY BORROWS $40 MILLION FROM AFRICAN DEVELOPMENT BANK FOR EXPANSION

Dr. Akinwunmi Adesina, African Development Bank
The African Development Bank (AfDB) has signed a Memorandum of Understanding (MoU) for a corporate loan to finance the expansion of Afe Babalola University (ABUAD) in Ado Ekiti, Nigeria. The signing ceremony held at AfDB premises in Abuja, a few days ago, with representatives of the University and other lending partners, such as Wema Bank, Sterling Bank, UBA, Union Bank and legal partners, Templars, in attendance.

FRENCH TELECOM GIANT UNVEILS ORANGE DIGITAL VENTURES AFRICA

orange digital ventures africa
French telecoms giant, Orange, has announced that it has launched an African section under its flagship investment subsidiary, Orange Digital Ventures.

Tuesday, 13 June 2017

OSINBAJO SHOULD STOP PROLONGING UNNECESSARILY THE COUNTRY’S POOR ECONOMIC CONDITIONS

Professor Yemi Osibanjo, SAN, GCON
Acting President, Professor Yemi Osinbajo, has since May 29, 2015 been chairman of the National Economic Council. The Vice President is constitutionally assigned the responsibility, which make him not only the main superintendent of but also adviser to the President on the national economy. It was his lot to present this year’s Democracy Day Speech, which contains largely the economic report and expectations as follows: “In the next two years, we will build on the successes of the last two… we did not find ourselves in (economic) crises overnight, and we simply do not expect overnight solutions to our challenges.”

Friday, 9 June 2017

STRATEGIES FOR EXPLORING OPPORTUNITIES IN THE NON-OIL EXPORT SECTOR

agro non oil export
LAGOS CHAMBER OF COMMERCE AND INDUSTRY
SMALL MEDIUM AND ENTERPRISE GROUP
presents workshop on
STRATEGIES FOR EXPLORING OPPORTUNITIES IN THE NON-OIL EXPORT SECTOR

TRIBER PETROFIELDS LIMITED: WINDING UP NOTICE

PURSUANT TO SECTION 458 OF THE COMPANIES AND ALLIED MATTERS ACT
Notice is hereby given that by a Special resolution dated the 24th day of May, 2017 in a general meeting of Triber Petrofields Limited, the members voluntarily resolved to wind up the Company and appoint Anthony Atata as the liquidator.

ESVARBON DECISION ON VALUATION REPORTS BY ESTATE SURVEYING AND VALUATION FIRMS

ESTATE SURVEYORS AND VALUERS REGISTRATION BOARD OF NIGERIA
PUBLIC NOTICE
Regulation 13 (b) of the Estate Surveying and Valuation Regulation 2014 made pursuant to Section 18 of the Estate Surveyors and Valuers (Regulations, etc) Act CAP E13 LFN 2007 provides that a Valuation Report prepared by a Registered Firm of Estate Surveyors and Valuers MUST bear the Seal and Stamp (now Adhesive Stamp) issued by The Estate Surveyor and Valuers Registration Board of Nigeria (The Board).