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Knowing Your Investment Companies Types

Investment Companies Generally, an "investment company" is a company (corporation, business trust, partnership, or Limited Liability Company) that issues securities and is primarily engaged in the business of investing in securities. An investment company invests the money it receives from investors on a collective Mutual funds (legally known as open-end companies); Closed-end funds (legally known as closed-end companies); UITs (legally known as unit investment trusts). A UIT typically will make a one-time "public offering" of only a specific, fixed number of units (like closed-end funds). Many UIT sponsors, however, will maintain a secondary market, which allows owners of UIT units to sell them back to the sponsors and allows other investors to buy UIT units from the sponsors. A UIT will have a termination date (a date when the UIT will terminate and dissolve) that is established when the

2016 NDDC Post-Graduate Foreign Scholarships

As part of our Human Resource Development initiatives, the Niger Delta Development Commission, NDDC, is commencing the 2016 Post-Graduate Foreign Scholarship Programme, to equip Niger ADeltans with relevant training and skills for effective participation in the Local Content programme of the Federal Government, as well as compete globally in various professional fields. The Scheme is for suitably qualified applicants with relevant Bachelor's/Master's Degree(s) from recognized universities in the following professional disciplines: 1. Engineering 2. Medical Sciences (M.Sc. Public Health excluded) 3. Computer Science/Technology 4. Geology 5. Geosciences 6. Environmental Sciences 7. Agriculture 8. Environmental or Gas/Oil Law 9. Project Management APPLICATION REQUIREMENTS 1. First Degree with minimum of 2nd Class Lower Division for those wishing to undertake a Master's Degree programme and a good Master's Degree for PhD candidates from a recognized u

Oil price is rising despite latest evidence of global glut!

The oil price rose on Wednesday and is now back above $35 a barrel, even despite another huge build in US crude stockpiles last week that suggests the global supply glut is only getting worse. Latest data from the US Energy Information Administration revealed another 7.8 million barrels had been added to domestic reserves last week, said the Wall Street Journal. This was a far bigger gain than had been expected by analysts and boosted US stockpiles to 503 million barrels. This is the biggest total recorded in the weekly data since records began in 1982, while in monthly data, which "don't line up exactly" with the weekly numbers, the 500 million barrel barrier has not been breached since 1930. The US – and the world – is still swimming in oil and production remains at least one million barrels a day above demand. So why did the price of international benchmark Brent crude jump more than seven per cent and end two days of decline? In relation to the data, it is r

NCC tells court to dismiss MTN’s case, N1.04tn fine

The telecommunications company claimed that NCC violated its (MTN) fundamental right to fair hearing, adding that by imposing the fine, NCC was already usurping “the exclusive legislative powers of the National Assembly, as well as the judicial powers of the courts established under the constitution.” The Nigerian Communications Commission has urged the Federal High Court in Lagos to dismiss or decline hearing the suit filed by MTN Nigeria Communications Limited to challenge the N1.04tn fine imposed on it by the commission. But not pleased with the sanction, the telecommunications company had approached a Federal High Court in Lagos seeking an order quashing the fine.               Adebayo-Shittu

List of Oil & Gas Companies in Nigeria ( Part 15 )

146. International Oilfield Servs Nig Limited (IOSL) Address: Plot 20 East/West Road Rumuodara Port Harcourt. Phone: +234 84 610456-7, 334969,090-5015543 147. Interoil Service Limited Address: Amadi Creek Off Eastern Bye Pass, Port Harcourt Phone: +234 84 236310-19,230921, 233922, 234214, 232888 148. Intertec Engineering Nig Limited Address: 314 Aba Road Rumukurushi Port Harcourt. Phone: +234 84 611922-3 149. Japaul Oil and Maritime Services Plc Address: Plot 39 Eastern-By-Pass, Marine Base, Port Harcourt Phone: +234 84 231622 Fax: 234 84 238030 Website: http://www.japaulplc.com 150. Jahcon Intl Limited Address: 36 Nsukka Street Mile 1 Diobu Port Harcourt. Phone: +234 84 335299,334094 151. Jawachi Oil Field & Allied Services Address: 138 Aba Road Port Harcourt. Phone: +234 84 239992, 090-502460 152. Jay Iyke Services Address: Primes Plaza, East/West Road Eliozu, Port Harcourt. Mobile: +234 (0) 8038738103 PREVIOUS PAGE                                  

List of Oil & Gas Companies in Nigeria (Part 14 )

135. Hycmo Limited Address: 274 Aba Road Port Harcourt.. Phone: +234 84 239528 136. Hydro Petrol Limited Address: 19 Old Aba Road Port Harcourt.. Phone: +234 84 331685 I.O.C.O. Nig. Limited Address: 181 Trans Amadi Industrial Layout Port Harcourt. Phone: +234 84 335089, 335523 137.Igpes Limited Address: 33 Tombia Street GRA Phase 2 Port Harcourt. Phone: +234 84 239311 138.Ikart International Services Address: 4 Timothy Lane Off Rumuola Junction Port Harcourt. Phone: +234 84 333667 139. Index Brooks Limited Address: Plot 175 Rumuogba Estate Port Harcourt. Phone: +234 84 572474, 231794 140. Industrial Catering Services Limited Address: 2 Nzimiro Street Port Harcourt. Phone: +234 84 335715 2621146, 2610406 141. Iner Fluid Nig Limited Address: Plot 282 Trans Amadi Ind Layout Port Harcourt. Phone: +234 84 334214 142. Inland Containers (Nig) Limited Address: 46 Burma Road Apapa Lagos Phone: +234 84 615249 143. Integrated Logistics Services Ltd (INTEIS) Add

List of Oil & Gas Companies in Nigeria (Part 13 )

124. Geco Prakla Nig Limited Address: Plot 161 Trans Amadi Ind Layout Port Harcourt. Phone: +234 84 237951, 237879 125. Geodetic Surveys Limited Address: 1 Rumuobiakani Road, Obio Layout Port Harcourt. Phone: +234 84 333991, 3335095 126. Genpaco Limited Address: Plot 6 Ohia Street, Off-eastern Bypass, Port Harcourt. Phone: +234 84 486779; Fax: +234 84 233911 127. Geodetic Surveys Limited Address: 165 Woji Road, GRA Phase II, Port Harcourt. Phone: +234 84 333991, 3 Geomarine Systems Limited Address: 1 Rumuobiakani Road, Obio Layout Port Harcourt. Phone: +234 84 238702, 236587; Fax: +234 84 238702 128. Global Offshore Drilling Limited Address: Km 14 Port Harcourt/ Aba Expressway Port Harcourt. Phone: +234 84 231356, 231354, 239220 129. Globe Inspection Nig Limited Address: 144 Trans Amadi Ind Layout Port Harcourt. Phone: +234 84 331284, 331288, 331258 130. Guildpine Limited Address: 27 Aba Road Port Harcourt. Phone: +234 84 231122, 231302 Halliburton Energy S