Business News

Tony Elumelu Foundation Hosts Bootcamp for 1,000 African Entrepreneurs

July 12, 2015/Tony Elumelu Foundation As part of Tony Elumelu’s $100 million commitment to empowering African entrepreneurs, 1,000 Tony Elumelu Entrepreneurs, representing 51 African countries from the Tony Elumelu Entrepreneurship Programme (TEEP) Class of 2015, converged near Lagos, Nigeria for an intensive two-day bootcamp session, an unprecedented gathering of emerging […]

Seplat Releases $408 Million in Escrow Account

By InvestAdvocate Lagos (INVESTADVOCATE)-First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc said on Thursday it has reached agreement to release through its wholly owned subsidiary Newton Energy Limited the sum of $408 million which was held in an escrow account. Seplat disclosed this in an issuer’s announcement […]

LafargeHolcim Completes Merger Deal, Emerge New Leader in Building Materials Industry

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The top two (2) world building materials and cement producers, Holcim and Lafarge on Friday announced it has concluded its merger deal and has emerged a new leader in the building materials industry. “All conditions for the completion of the merger have been fulfilled following […]