By Agency Reporter United Bank for Africa Plc, a Nigerian lender with operations in several countries in the continent, said that it would reopen its business in Ivory Coast from May 2. According to Bloomberg, the Lagos-based bank has been making a “notional” loss of N50m ($322,000) a month since […]

World’s largest McDonald’s franchisee Arcos Dorados jumps 25 percent in Wall Street debut Christina Rexrode, AP Business Writer NEW YORK (AP) — Shares of Arcos Dorados Holdings Inc. jumped 25 percent Thursday, the first day as a public company for the world’s largest McDonald’s franchisee. The shares priced at $17 […]

By investadvocate Lagos (INVESTADVOCATE)-Total Nigeria Plc (Total) operating in the Petroleum Marketing Sector of the Nigerian Stock Exchange (NSE) has cut its proposed dividend recommendation to investors of the Company for the year 2010 Financial Year End (FYE) by 48.63 percent (-48.63%); when it recommended N6.00. This was contained in […]