Author: InvestAdvocate

World Bank postpones Uganda loan over anti-gay law

The World Bank on Thursday postponed a $90 million loan to Uganda’s health system over a law that toughened punishment for gays, an unusual move for an institution that typically avoids wading into politics. “We have postponed the project for further review to ensure that the development objectives would not […]

20 auditors working on NNPC’s account, says AGF

The Auditor General for the Federation (AGF), Mr Samuel Ukura on Thursday said that 20 auditors trained in gas and oil auditing were examining the accounts of the NNPC. Ukura said this when he appeared before the House of Representatives Committee on Public Accounts in Abuja to defend the 2013 […]

Cadbury explains financials at ‘Facts behind the Reduction’

Nigeria’s leading FMCG Cadbury Plc engaged the investing community on its recent market plan to return its excess capital to shareholders , who the group believes are best placed to take their own investment decisions. The company led by its Managing Director Mr Emil Moskofian visited the Nigerian stock exchange, […]