Author: InvestAdvocate

OBG, ARM partner on strategies for FDI growth

By Udeme Ekwere A global publishing, research and consultancy firm, the Oxford Business Group, has entered into a partnership with Asset and Resource Management Company Limited to boost foreign investments in Nigeria. According to a statement from OBG on Thursday, the partnership will seek to highlight the investment opportunities available […]

FG to divest 24% equity from Transcorp Hilton

By Everest Amaefule The Federal Government is set to divest 24 per cent equity from the Transcorp Hilton Hotel through Initial Public Offering, the Director-General, Bureau of Public Enterprises, Ms. Bolanle Onagoruwa, has said. The Federal Government currently has 49 per cent shareholding in the hotel. Onagoruwa made the announcement […]

AMCON ‘ll encourage short-selling of its securities – Chike-Obi

By Stanley Opara with agency report   The Asset Management Corporation of Nigeria will encourage short-selling by lending its assets to traders who want to borrow, Chief Executive Officer of the corporation, Mr. Mustafa Chike-Obi, has said. He said in an interview in Lagos, on Thursday, “If they want to […]