Business News

Continental Re Eyes African Acquisitions to Expand-CEO

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s reinsurer, Continental Reinsurance Plc says it plans an African acquisition in  the next three (3) years as it seeks to expand to other parts of the continent , a Bloomberg report  on Thursday quoted Femi Oyetunji, chief executive officer CEO of the company. According […]

Holcim Says Q1 2015 Net Income Grew Significantly 111.6% on Divestment from Siam City Cement

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Holcim Ltd, one of the world’s leading suppliers of cement and aggregates said on Wednesday its 2015 first quarter (Q1) net income grew significantly by 111.8 percent to CHF 378 million, mainly as a result of the divestment of Holcim’s minority shareholding in Siam […]

Managing the Business, Delivering Growth

April 29, 2015/MasterCard This morning, we hosted our quarterly conference call for the financial community. In sharing our results for the first quarter, we reported net income growth of 17 percent, or 24 percent adjusted for currency. Net revenue growth of 3 percent – or 8 percent after adjusting for […]