By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Flour Mills of Nigeria Plc on Thursday said it will cut its capital expenditure by almost half in 2015, down from N40 billion a year ago on dwindling economy, a Reuters report quoted John Coumantaros, chairman of the company at the Reuters Africa Investment Summit. […]
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InvestAdvocate Host Company, HostMonster Make $1 Million Investment
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Top rated web hosting provider, HostMonster has said it’s making an investment of over $1 million in its core network to provide enhancements. This is contained in an email notice to InvestAdvocate on network maintenance by HostMonster scheduled to commence on 5 March, 2015 […]
FXCM Gets $300 Million Bailout From Leucadia After Swiss Shock
Jan 16, 2015/Bloomberg Leucadia National Corp. gave FXCM Inc. a $300 million cash infusion, extending a lifeline to the currency brokerage hobbled by the Swiss central bank’s decision to let the franc trade freely against the euro. Leucadia, which owns New York-based investment bank Jefferies Group, extended FXCM a two-year, […]
