Author: InvestAdvocate

Full Text of Obasanjo’s “Provocative” Letter To President Jonathan

I am constrained to make this an open letter to you for a number of reasons. One, the current situation and consequent possible outcome dictate that I should, before the door closes on reason and promotion of national interest, alert you to the danger that may be lurking in the […]

IMF Approves $11.4 million Credit to Liberia

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) Wednesday said it has approved $11.4 million Extended Credit Facility (ECF) for Liberia.   This is coming on the heels of the conclusion of the second review under the ECF by the Fund’s Executive Board.   With the […]

Hilton Worldwide raises over $2.3 billion in biggest-ever hotel IPO

Hotel operator Hilton Worldwide Inc BLKSHW.UL raised $2.34 billion in its IPO on Wednesday, returning to the public markets some six years after Blackstone Group LP (BX.N) took it private in one of the largest deals of the leveraged buyout boom. Hilton, whose brands include such high-end names as Conrad […]