Business News

Family Dollar spurns Dollar General bid on antitrust concerns

Family Dollar Stores Inc (FDO.N) rejected a $9 billion buyout offer from Dollar General Corp (DG.N) and issued a sharp rebuke to accusations its CEO favors a smaller bid from Dollar Tree Inc (DLTR.O) because it would allow him to keep his job. Family Dollar, the second-largest dollar store in […]

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 […]