Lloyds Banking Group is considering selling its 60 percent stake in wealth manager St James’s Place in a bid to raise around 1 billion pounds ($1.60 billion), according to a report in Britain’s Sunday Times. The report said the bank’s stake in Britain’s biggest chain of financial advisers could be […]
Author: InvestAdvocate
Disagreements As Ribadu Committee Submits Report
An open disagreement between the Chairman, Petroleum Revenue Special Task Force, Nuhu Ribadu, and his deputy, Steve Orosanye, on the process leading to the compilation of the report of the committee, Friday, almost marred its presentation to President Goodluck Jonathan in Abuja. But Jonathan who appeared embarrassed by the altercation […]
Nigeria Accounts for 30 Percent of Sub-Saharan Africa’s Exports
There are indications that Nigeria’s trade policy has placed it above other countries in the sub-Saharan Africa as it accounts for about 30 percent of the entire exports of the Sub-Saharan African countries to the outside world. However, the international financial advisory firm, Renaissance Capital, which made the disclosure said […]
