Business News

Etisalat, IHS in Sale/Lease-Back Deal of 2,136 Towers

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Etisalat Nigeria on Thursday said it will sell 2,136 of its towers to Nigeria’s telecom service providers HIS Plc and lease them back as part of plans to expand its coverage in the country which  will leave IHS owning and managing over 6,540 towers in […]

Conoil Names Charles Uwaechie Executive Director

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Conoil Plc on Wednesday said it has appointed Charles Uwaechie as executive director (ED) of the company. The company in a letter to the Nigerian stock exchange (NSE) with reference number CSLA/CON/14/137 and signed by Evi Obieroma, company secretary/legal adviser said the […]

PayPal signs “ten of thousands” customers in Nigerian launch

  PayPal has signed up “tens of thousand” of Nigerians in its first week of operating in Africa’s biggest economy, with consumers already purchasing items from Britain, China and the United States via its online platform, a company official said.   E-commerce remains in its infancy in most of Africa […]