Author: InvestAdvocate

Why we laid off some workers —Enterprise Bank

Enterprise Bank, one of the nationalised banks, on Tuesday said the recent laying off of some of its workers was in line with the company’s plan to remain competitive in the market. The bank said it had conducted a resource optimisation exercise meant to ensure the development of a high […]

We need to hold our leaders accountable —CBN

The Deputy Governor, Corporate Services, Central Bank of Nigeria, Mr. Suleiman Barau, on Tuesday stated that the macro-economic indices of the economy showed that the country was on the right course to attaining significant growth and development. He, however, said that a lot of improvement still needed to be done […]

Hilton increases IPO size to $2.4 billion

Hilton Worldwide is increasing the size of its public offering, with plans to raise as much as $2.4 billion when it goes public, the company announced Monday. That figure is nearly double Hilton’s original plans to raise up to $1.25 billion. Shares of the McLean based hotel company are expected […]