Business News

GTBank Named Bank of the Year by Africa investor

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender,  Guaranty Trust Bank Plc (GTBank) says it has been named the ‘2015 African Bank of the Year’  at the eighth annual Africa investor (Ai) CEO Investment Summit, which was  held in New York, United States last week. Africa investor says Africa’s business […]

Tony Elumelu, Chairman Heirs Holdings Named African Business Leader of the Year

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Tony Elumelu, chairman of African investment company, Heirs Holdings has been named the 2015 Business Leader of the Year  at the eighth annual Africa Investors (Ai) CEO Investment Summit, which was  held in New York, United States last week. Africa’s finest business and government leaders […]

Forte Oil sells 17% Equity to Mercuria Energy Group, receives regulatory approvals

September 24, 2015/Proshare The deal is done.  Mercurial, the world’s third largest independent energy traders and asset operators has been successful in its bid to acquire a 17 per cent stake in Forte Oil Plc, a Nigerian indigenous petroleum products marketer and power generating company.  With this deal, Mercuria enhances […]