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 […]
Business News
CIT to Acquire OneWest Bank for $3.4 Billion in Cash and Stock
Press Release Acquisition Advances CIT’s Bank Strategy Transaction Is Immediately Accretive to CIT’s Earnings Per Share Improves ROTCE and Accelerates Use of Net Operating Losses (NOL) CIT’s Total Assets Will Increase to $67 Billion; Total Deposits Will Increase to $28 Billion1 Combines CIT’s National Lending Platform with OneWest’s Regional Branch […]
Airtel Targets 30 million Nigerian Subscribers by 2014 End
By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-Indian largest telecoms firm, Bharti Airtel Limited has said it’s targeting 30 million subscribers by the end of 2014 according to Segun Ogunsanya chief executive officer (CEO) of its Nigerian unit, Airtel Nigeria. According to a report from Bloomberg, the projected 30 million customers is about […]

