Business News

QG Africa Hotel LP acquires InterContinental Hotel in Lusaka

April 12, 2016/Quantum Global QG Africa Hotel LP, a Mauritius-based fund managed by QG Investments Africa Management Ltd, a company of the Quantum Global group (www.QuantumGlobalGroup.com), has acquired 100% interest in the InterContinental Hotel Lusaka from Kingdom Hotel Investments for a gross consideration of USD 35.9 million. The transaction closed […]

UNIONDICON Signs Deal with GEA Westphalia of Germany on Industrial Starch Facility

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Union Dicon Salt Plc (UDS) on Friday said it has finalised agreement with GEA Westphalia of Germany to build the largest industrial starch processing facility in Nigeria. This is in furtherance of the Consumer Goods Company’s transformation strategy approved by its board of directors, to […]

Fidelity Bank targets better customer service with new app upgrade

April 8, 2016/Fidelity Bank Plc Determined to provide cutting-edge, round-the-clock banking services to its teeming customers, Fidelity Bank Plc, one of Nigeria’s highly diversified financial services providers has announced the upgrade of its mobile-based banking application – Fidelity Online Banking app. In a statement from the bank, the much improved […]