By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Unity Bank Plc Friday announced it is ready to sell its 50.30 percent (50.30%) stake in UnityKapital Assurance Plc. UnityKapital in a notice to the Nigerian Stock Exchange (NSE) and made available to InvestAdvocate in Lagos Nigeria said Unity Bank as a major shareholder is […]
Author: InvestAdvocate
Transcorp, GE partner to improve power generation in Nigeria
Press Release Transcorp Ughelli Power Ltd (TUPL), the power subsidiary of Transnational Corporation of Nigeria Plc (Transcorp), and General Electric (GE) have signed an agreement to expand the capacity of TUPL’s Ughelli power plant by1000MW over the next 3 to 5 years. Both parties have also signed a separate agreement […]
Honda Q3 net profit more than doubles to $1.56 billion
Honda Motor Co’s (7267.T) October-December net profit more than doubled to 160.7 billion yen ($1.56 billion), back to pre-Lehman crisis levels but lower than expectations, helped by strong sales of the redesigned Fit subcompact that went on sale in Japan in September. The results, announced by Japan’s third-biggest automaker by […]
