By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Africa Prudential Registrars Plc, (former UBA Registrars) said it has returned over N1.0 billion oversubscription money from its last right issue conducted in the last quarter of 2013. Peter Ashade, managing director/chief executive officer (MD/CEO) of the company disclosed this in exclusive chat […]
Author: InvestAdvocate
Tunisian Economy Still Fragile-Lagarde
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, managing director (MD) of the international monetary fund (IMF) Thursday said the Tunisian economy is still fragile with growth insufficient to make a significant dent in unemployment. Lagarde said this when she met Mehdi Jomaa, Tunisian prime minister in Washington DC, ‘’ Reducing […]
Heineken’s Nigeria Unit Wary of Devalued Naira Before Vote
Heineken NV’s (HEIA) Nigerian unit, the nation’s largest brewer, said a possible currency devaluation by the central bank would hurt the company’s earnings, suppressing profit ahead of next year’s elections. The Central Bank of Nigeria may be forced to lower its currency peg if foreign reserves continue to dwindle, analysts […]
