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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

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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.

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

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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

www.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

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”.

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.

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

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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.

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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.”

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

+2348027351727, info@mustaphaewenlaandpartners.com

PROVIDUS BANK INTRODUCES WORLD ELITE MASTERCARD

First in Sub-Saharan Africa

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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