Etisalat, the Gulf’s top telecom operator, has hired Standard Bank as an advisor for the planned sale of transmitter towers by its Nigerian affiliate, three banking sources aware of the matter said. Etisalat Nigeria is considering a sale of its towers in a deal that could raise about $400 million, […]
Author: InvestAdvocate
Bank of America fourth-quarter profit jumps as bank shakes off financial crisis
Bank of America Corp said on Wednesday quarterly profit surged by nearly $3 billion as revenue increased and mortgage losses plunged, the clearest sign yet the bank was shaking off the impact of the financial crisis. Results were strong across most of its businesses. Consumer banking had its best quarter […]
Bademosi Resigns from Wema Bank
By InvestAdvocate Lagos (INVESTADVOCATE)-Wema Bank Plc Wednesday announced the resignation of Opeyemi Olusola Bademosi as a Non-Executive Director of the Bank with effect from Tuesday December 31, 2013. According to the Bank, Bademosi was appointed to its Board in May 2009 as a Non-Executive Director representing the interest of SW8 […]
