Africa’s richest man Aliko Dangote said his Dangote Group would join the ranks of the world’s biggest 100 companies within three years as he invests in cement, agriculture and oil refining across the continent. “We are targeted now to be one of the 100, in terms of ranking, global companies […]
Author: InvestAdvocate
Nigerian President Wants Diaspora Bond Tripled to $300 Million
Nigerian President Goodluck Jonathan asked lawmakers to raise the ceiling for the country’s diaspora bond to $300 million from $100 million because he anticipates higher subscriber interest than initially thought. “There is an indication that the $100 million could be inadequate relative to the demand expected from investors for the […]
IHS Nigeria Boosts Buyback Price in Stock Exchange Delisting
IHS Nigeria Plc (IHS), which owns and manages mobile-phone towers in three African countries, increased the price it’s offering shareholders as it plans to delist from the Lagos-based bourse. The company agreed to pay 4.35 naira a share at a meeting today in the Nigerian commercial capital, Chairman Bashir Ahmad […]
