Wednesday 28 February 2018

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ACCESSING FUNDS FOR CAPACITY BUILDING AND BUSINESS GROWTH

OIL & GAS TRAINERS ASSOCIATION OF NIGERIA (OGTAN)
Presents
3-DAY WORKSHOP
In collaboration with
NCDMB

THE RESULTS OF THE YEAR ENDED DECEMBER 31, 2017 FOR SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC, AND UNAUDITED Q1 AND Q2 RESULTS FOR GREIF NIGERIA PLC AND ACADEMY PRESS PLC RESPECTIVELY.

SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC
AUDITED  RESULTS FOR THE YEAR ENDED 31ST DECEMBER, 2017
Sector:
OIL AND GAS
Per share Data

Current Price (N)
660.50
52 Weeks High/Low (N)
692.58/336
Shares Outstanding
                                                                      588,444,561
Market Capitalisation
388,667,632,540.50
Period
FY 2017
FY 2016
% Growth
Income Statement
N' Million
N' Million

Revenue
                 138,281.00
                63,384.00
118.16
Cost of Sales
                (73,414.00)
              (47,076.00)
55.95
Gross Profit
                  64,867.00
                 16,308.00
297.76
General and Administrative Expenses
                (25,037.00)
               (30,001.00)
(16.55)
Gain/(Losses) on foreign Exchange (Net)
                       209.00
              (28,684.00)
(100.73)
Gain on Deconsolidation of Subsidiary
-
                      210.00
(100.00)
Fair Value Loss
                  (5,663.00)
                (2,782.00)
103.56
Operating (Loss)/Profit
                  34,376.00
              (44,949.00)
(176.48)
Finance Income
                    1,326.00
                 15,800.00
(91.61)
Finance Costs
                (22,248.00)
               (18,270.00)
21.77
Profit/(Loss) Before Taxation
                  13,454.00
               (47,419.00)
(128.37)
Taxation
                  67,657.00
                  2,035.00
3,224.67
Profit/(Loss) for the Year
                    81,111.00
              (45,384.00)
(278.72)

DOLLAR FINDS A FRIEND IN POWELL AS GLOBAL STOCKS SLIP

Dollar bulls were injected with a renewed sense of confidence on Tuesday after Federal Reserve Chairman, Jerome Powell, struck a careful but fairly upbeat tone during his congressional testimony.

O. M. TOKUN & ASSOCIATES

17th Floor, Western House, 8/10, Broad Street, Lagos, Nigeria
+2348033302557, +2347082440008, felixtayo6@gmail.com

Tuesday 27 February 2018

DO YOU WANT TO BECOME A WORLD CLASS ACCOUNTANT? ATTEND ANNUAL ACCA SUMMIT

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MTN: UPGRADE TO A SMARTPHONE AND ENJOY FAST INTERNET

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GAB OKONKWO & CO (ESTATE SURVEYORS & VALUERS)

6, Babatunde Oki Street, Ilupeju, Lagos, Nigeria
+2348034127676, +2348052059347, gaoproperties@yahoo.com

SOME INSURANCE COMPANIES TO GO UNDER AS CONSOLIDATION IN THE INDUSTRY IS IMMINENT

Alhaji Mohammed Kari, Commissioner for Insurance
Tectono Business Review gathered that consolidation exercise will soon commence in the insurance industry in Nigeria and the financially weak insurance companies that cannot merge or be acquired will have their licenses revoked.

NIGERIA’S GDP GREW BY 0.83% IN 2017

Investor sentiment over the Nigerian economy was uplifted on Tuesday after official reports showed that the nation bounced back to life in 2017, after experiencing its first recession in over 25 years.

EQUITY MARKETS EXPECT A DOVISH POWELL; CURRENCY TRADERS ON THE SIDELINES

After a strong rally in U.S. equity and bond markets on Friday, the upward trajectory resumed on Monday. The S&P 500 gained 1.18% and the Dow added an impressive 400 points, ending the day 1.58% higher. Both indices are now 3.4% away from their record highs, after regaining more than two-third of their correction losses.

Monday 26 February 2018

LEARN THE SPIRITUAL EXERCISES THAT AWAKEN THE SECRETS OF MIRACLES @ OWERRI 2018 ECK REGIONAL SEMINAR

ECKANKAR
Presents
2018 NIGERIA ECK REGIONAL SEMINAR
In
OWERRI

ELEGANZA INDUSTRIES LIMITED WANTS SOAP MANUFACTURERS FOR A JOINT PRODUCTION AGREEMENT

Eleganza Industries Limited, an indigenous manufacturing outfit in the field of general purpose and household products with vast production equipment is inviting local and foreign soap manufacturers for a joint production agreement in form of contract manufacturing, franchise manufacturing/production of soaps.

THE MANY COLOURS OF A RAINBOW: A BIOGRAPHY OF SENATOR AHMADU ALI

Senator Ahmadu Ali
THE CENTRAL PLANNING COMMITTEE
Is pleased to announce the
PUBLIC PRESENTATION
Of
THE MANY COLOURS OF A RAINBOW: A BIOGRAPHY OF SENATOR AHMADU ALI
Under the distinguished chairmanship of
Chief Olusegun Obasanjo, GCFR, PhD

OLANREWAJU OBIWUSI & ASSOCIATES

5th Floor, Poatson House, 142, Oba Akran Avenue, Ikeja, Lagos, Nigeria
+2348067754399, +2348170492692, obiwusil@yahoo.com

REFINERIES IN NIGERIA: CHALLENGES AND OPPORTUNITIES

ARET ADAMS FOUNDATION
Cordially invites members of the general public to the
ANNUAL ARET ADAMS MEMORIAL LECTURES SERIES 2018

THEME
REFINERIES IN NIGERIA: CHALLENGES AND OPPORTUNITIES

MAMUD MOMODU & ASSOCIATES

Ground Floor, Wing B, Laour House, Plot 820/821, Central Business District, FCT Abuja, Nigeria
+2348033146732, +2348099655979, m.mamud.associates@gmail.com

Sunday 25 February 2018

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Saturday 24 February 2018

INTERNATIONAL CONFERENCE ON SAVING THE LAKE CHAD

The
FEDERAL GOVERNMENT OF NIGERIA
With the
LAKE CHAD BASIN COMMISSION
And with the support of
UNITED NATION EDUCATIONAL SCIENTIFIC AND CULTURAL ORGANIZATION (UNESCO)
Is organizing an
INTERNATIONAL CONFERENCE ON LAKE CHAD
With the theme
SAVING THE LAKE CHAD TO REVITALIZE THE BASIN’S ECOSYSTEM FOR SUSTAINABLE LIVELIHOOD, SECURITY AND DEVELOPMENT

AVON MEDICAL SERVICES LIMITED METAMORPHOSES TO AVON MEDICAL PRACTICE LIMITED

We would like to announce that
AVON MEDICAL SERVICES LIMITED
Headquartered in Lagos, Nigeria has changed its name to
AVON MEDICAL PRACTICE LIMITED
Effective immediately

MYKELITE NIGERIA

88, Iju Road, Off Agege, Ifako Ijaiye, Lagos, Nigeria
+2349060009997, +2348060773594, info@mykelitetravels.com

TECTONO CONGRATULATES THE CEO OF SGK GLOBAL SHIPPING SERVICES LTD, MRS. CHINWE NWUNE

We felicitate with this human resources management expert and CEO of
SGK GLOBAL SHIPPING SERVICES LIMITED,
AMBERRICH CONSULTING LIMITED,
and
AMBERRICH VENTURES LIMITED,
Mrs. Chinwe Nwune, MBA, FNIM
On the occasion of the anniversary of her birth

Friday 23 February 2018

FEDERAL GOVERNMENT FORMS EXPORT PROMOTION COMMITTEE TO GALVANIZE EXPORT BUSINESS

The National Economic Council (NEC) rose from one of its regular meetings with a resolution to form an Export Promotion Committee to beef up foreign exchange from non-oil exports.

NIGERIAN EXPORT PROMOTION COUNCIL PROPOSES THE ZERO OIL PLAN

The Nigerian Export Promotion Council (NEPC) had made a presentation to the National Economic Council (NEC) on a plan to restructure the Nigeria Economy to survive without Crude Oil. The Plan is called “The Zero Oil Plan”.

Thursday 22 February 2018

NAFDAC ADVISES NIGERIAN EXPORTERS TO STOP EMBARRASSING THE COUNTRY

In the aftermath of the furor surrounding the ban slammed on some of Nigeria’s export produce by the European Union, the National Agency for Food and Drug Administration and Control (NAFDAC) has advised Nigerian exporters to stop embarrassing the country.

SUB-STANDARD AGRICULTURE PRODUCTS EXPORT: FEDERAL GOVERNMENT PROMISES IMPROVEMENT

The federal government at a meeting with the Inter-ministerial Technical Committee on Zero Reject of Agricultural Product and Non-oil Export in Abuja, recently has made a vow that Nigeria would never ship sub-standard agricultural produce to the international market.

SOLA BADMUS & CO

Water Front Plaza, Opposite Mr. Biggs, Plot 0, 1st Avenue, Festac Town, Lagos, Nigeria
+2348023071614, +234803577438, solabadmusandco@yahoo.com

40TH ANNIVERSARY OF 1978 CLASS OF NIGERIAN LAW SCHOOL

Members of the Nigerian Law School, Class of 1978, are requested to contact and register at the under mentioned for the 40th anniversary celebration activities scheduled for Saturday, July 14, 2018.

LET FCMB GIVE YOUR BUSINESS THE TOTAL SUPPORT IT NEEDS

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GIVE YOUR CHILD AN MTN SMARTPHONE THAT WILL GALVANIZE HIS CAREER SUCCESS

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Wednesday 21 February 2018

NNPC PREPARES TO INVEST N100BILLION UNHARNESSED LAND IN REAL ESTATE BUSINESS

Plans are underway by the Nigerian National Petroleum Corporation (NNPC) to invest its over N100 billion worth of unharnessed landed property across the country in the real estate sector.

OPEN A RETIREMENT SAVINGS ACCOUNT @ LEADWAY PENSURE

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NON-OIL EXPORT: NEXIM BANK BOSS, ABBA BELLO, EXPLAINS HOW N50BN WILL BE DEPLOYED

 “The mandate of the Nigeria Export-Import (NEXIM) Bank, as an agency of the Federal Government, is to grow the non-oil export by participating in its financing.”

Tuesday 20 February 2018

NIGERIA WILL SOON BE EARNING N5 TRILLION FROM EXPORT, SAYS NIGERIAN EXPORT PROMOTION COUNCIL

Federal Government says it is planning to grow Nigeria’s non-oil export revenue from N1.5 trillion to N5 trillion within 3 – 4 years.

GERSH HENSHAW & CO

Suite 103, Dolphin Plaza, Dolphin Estate, Ikoyi, Lagos, Nigeria
+2348023165618, +2348033074677, info@gershhenshawandco.com

NIGERIA’S BEANS EXPORT STILL REMAINS BANNED, SAYS EUROPEAN UNION

The European Union, a few days ago, insisted that Nigeria must implement appropriate risk management measures and provide required guarantees before it could export dried beans to Europe.

MUSTAPHA EWENLA & PARTNERS

Suite 403, 4th floor, 17/19, Allen Avenue, Oshopey Plaza, Ikeja, Lagos, Nigeria

Monday 19 February 2018

PROVIDUS BANK INTRODUCES WORLD ELITE MASTERCARD

First in Sub-Saharan Africa
A world of possibilities awaits you
Travel/Lifestyle/Insurance

NPA FLAGS OFF EXPORT OF MANGANESE FROM IKORODU LIGHTER TERMINAL

Mrs. Hadiza Bala-Usman, MD, NPA
The Managing Director of the Nigerian Ports Authority (NPA), Mrs. Hadiza Bala-Usman, has flagged off the first export consignment of manganese, a solid mineral resource from the Ikorodu lighter terminal.

EDO STATE FIRST LADY, MRS. BETSY OBASEKI, CHARGES SMEDAN AND NEPC ON AGRO-EXPORT FACILITATION

Mrs. Bestsy Obaseki
Wife of Edo State Governor, Mrs. Betsy Obaseki, has expressed her readiness to partner, train and provide soft loans to over 500 members of a Non-Governmental Organisation, Women in the New Nigeria, on their Farmer’s Mart initiative towards ensuring that their farm produce meet the quality that is fit for export.

NIGERIA’S OIL EXPORTS TO SLIDE IN MARCH, 2018

Nigeria’s oil exports are on track to edge lower on a barrel-per-day basis in March, a survey of loading plans has shown.

STEPHANIE OBI SPEAKS ON HOW SHE STARTED ST HUB LIMITED, AN ONLINE EDUCATIONAL FIRM

Stephanie Obi, CEO, ST Hub Ltd
Folks, have you heard of Stephanie Obi? She is a 31years old Chief Executive Officer of ST Hub Limited, an online education business company. In this interview, she speaks on how the idea to start her business came and how far she has gone. It is very inspiring. Sit back and enjoy it.

TECTONO CONGRATULATES FRSC AND DR. BOBOYE OYEYEMI

Dr. Boboye Oyeyemi
Wow!!! We congratulate the Corps Marshal, Federal Road Safety Corps,
Dr. Boboye Oyeyemi, MFR, mni, NPoM
&
THE FEDERAL ROAD SAFETY CORPS
On the occasion of the Corps’ 30th anniversary

PAUL OSAJI & CO (ESTATE SURVEYORS & VALUERS)

Plot 16, Block 88, Chris Efuyemi Onanuga Street, Lekki Phase I, Lagos, Nigeria
+2348034082576, +2348033054883, +2348079792003, agencydepartment@paulosaji.com, www.paulosaji.com

BOLISEB INTEGRATED SERVICES

42, Olowu Street, Off Mobolaji Bank Anthony Way, Ikeja, Lagos, Nigeria
+2348032483505, +2348096389443, +2348118875590, bolisebintegrated@yahoo.com