18/3/2018/Bloomberg By Lulu Yilun Chen Ant Executive Chair Lucy Peng to replace Lazada’s CEO Alibaba investment in Lazada reaches $4 billion in total Alibaba Group Holding Ltd. will invest another $2 billion in Lazada Group SA and install one of its most senior executives to run the business as it […]
Business News
Challenging H2 for PZ Nigeria Plc: The Parent Company Has Confirmed It!
March 16, 2018/Cordros Update Update: PZ Cussons Plc (PZC), the parent company of PZ Nigeria Plc (PZN), stated in a trading update released yesterday, that it now expects its profit for the year ending May 2018 will fall short of expectations. Trading conditions in Nigeria and UK were unfavourable in […]
Shell, GT Bank agree $270 million oil-backed loan to Nigeria’s Amni
15/3/2018/Reuters Nigeria’s Guaranty Trust Bank (GUARANT.LG) and a subsidiary of Royal Dutch Shell (RDSa.L) have granted a $270 million (193.23 million pounds) loan to independent Nigerian oil and gas producer Amni International, Amni told Reuters on Thursday. The terms of loan will give Shell Western Supply and Trading sole access […]
