By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) on Friday announced that its card offerings – Visa and MasterCard are now accepted on the PayPal platform. Fatai Baruwa, head of e-business of Union Bank in a Statement made available to InvestAdvocate said “We are glad that PayPal has […]
Author: InvestAdvocate
Helios Towers Africa Raising $980 Million for Regional Expansion
Helios Towers Africa, the owner of telecommunications towers in three countries on the continent, is raising almost $1 billion in capital to expand in the region, Chief Financial Officer Andres de Orleans Borbon said. The Mauritius-based company has raised $630 million in equity from shareholders including International Finance Corp., the […]
Oando Increases Stake to 93.7 Percent in Toronto Unit OER
By Peter OBIORA InvestAdvocateLagos (INVESTADVOCATE)-Oil marketing firm, Oando Plc on Thursday said it has increased its stake by 1.6 percent to 93.7 percent in its Toronto-listed unit Oando Energy Resources (OER). Oando said to increase its stake in OER, it converted a $218.9 million loan to the subsidiary into equity. […]