UAC of Nigeria Plc, a diversified conglomerate in the country, has announced the acquisition of majority stake in Livestock Feeds Plc. Livestock Feeds, a company that produces animal feeds, is quoted in the agricultural sub-sector of the Nigerian Stock Exchange’s Daily Official List. A statement by UACN on Friday explained […]
Author: InvestAdvocate
Is CBN over-regulating the banks?
While some experts believe the banking sector needs strong regulation to avoid another financial crisis, others think they are being over-regulated and coerced, Ademola Alawiye writes. The banking sector in any economy serves as a catalyst for growth and development and is, therefore, critical to the economy in terms of […]
Fitch poised to cut UK’s AAA rating soon
Britain looked poised to lose its AAA rating from a second ratings agency after Fitch Ratings warned on Friday it was likely to downgrade the country in the coming weeks, citing high government debt levels and weak growth. A month since Britain was downgraded by Moody’s, Fitch put the country […]
