Dangote Cement Plc, Forte Oil Plc and Seven-Up Bottling Company Plc Thursday announced their unaudited financial results on the trading floor of the Nigerian Stock Exchange (NSE). The results showed mixed performance with Dangote Cement and Forte Oil recording improvements while Seven-Up recorded a decline in profit. Leading cement manufacturing […]
Author: InvestAdvocate
First Bank to expand retail business
First Bank of Nigeria will pursue an “aggressive†expansion strategy into next year as it seeks to tap into the growing consumer market in Africa’s most populous country, its chief executive said on Thursday. The Managing Director of the bank, Mr. Bisi Onasanya, told a conference call with analysts that […]
World Bank earmarks $245 million for Myanmar, outlines work plan
The World Bank on Thursday earmarked $245 million in credit and grant funding for Myanmar under an 18-month work plan, the first lending to the southeast Asian nation in 25 years and another sign the country is opening up after years of military rule. The interim country strategy, endorsed by […]
