Business News

Facebook Reports 20 Million Users in Nigeria, Kenya

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Facebook , online social networking service firm said it has nearly 20 million users in Nigerian and Kenya with majority using mobile devices to access their profile,  a Reuters report on Thursday quoted  statistics from the social network. The report says Facebook opened its first […]

Coca-Cola Partners Transcorp’s Agribusiness Unit on New Five Alive Pulpy Orange Fruit Juice

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The world’s largest beverage company, the Coca-Cola Company on Wednesday launched a new line of fruit juice made from concentrate: Five Alive Pulpy Orange, and named Teragro, agribusiness unit of Nigeria’s foremost conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) as the sole local-concentrate sourcing partner […]

Sanjeev Sisaudia Resigns from Conoil as CEO

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketer, Conoil Plc announced on Monday the resignation of Sanjev Sisaudia as its managing director (MD) with effect from August 28, 2015. Conoil said Charles Uwaechie, a director of the company will be acting as the MD pending the appointment of a substantive CEO […]