NewsDirect

NewsDirect

Oriental Energy announces new Managing Director

Mustafa Indimi has been appointed the new Managing Director of Oriental Energy Resources Limited, a leading indigenous oil exploration and production company in Nigeria. Mustafa takes over from Mr. Ignatius Ifelayo who served the company meritoriously for seven years. Prior…

Fitch affirms AfDB has stable outlook with triple-A

Global credit rating agency, Fitch Ratings, has affirmed the African Development Bank’s (AfDB) credit rating at ‘AAA’, with a stable outlook. Fitch said the triple-A rating was driven by the ‘extraordinary support’ of the bank’s shareholders. Fitch views the bank’s…

NASD OTC market increases by 0.04%

By Kayode Tokede The NASD OTC Securities Exchange Market closed last week on a positive note, gaining 0.04per cent to close the week at 754.43 basis points against 754.11 basis points it opened for trading. Our correspondent gathered that the…

Organisational crises and effective communication strategy

By Goke Ilesanmi Crisis and organisational communication Corporate organisations are vulnerable to crises. In short, it is inevitable to be in business without experiencing situations involving lawsuits, sudden changes in company ownership or management, and other volatile situations on which…