Thu Mar 5, 2015/Reuters Founder of oil producer Afren Plc , Ethelbert Cooper, is planning to change the company’s capital structure with a new partnership involving a consortium of Chinese investors, the Financial Times reported. “With a different strategy and reinvigorated management there is a chance to pull the phoenix […]
Business News
Flour Mills to Cut Expenditure on Dwindling Economy-Chairman
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. […]
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 […]
