By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Oando Energy Resources (OER) on Monday said it will concluded its acquisition of Nigerian oil and gas business ConocoPhillips July 31, 2014. The company in a news release on its official website said it has entered into an agreement to extend the outside date […]
Business News
Ex-Credit Suisse Infrastructure Bankers Said to Seek Debt Fund
Global Infrastructure Partners, the private-equity firm run by former Credit Suisse First Boston investment banking head Adebayo Ogunlesi, is seeking $2.5 billion for debt investments as new regulations make it more costly for banks to lend to projects such as windfarms and airports. Steve Cheng and Reiner Boehning, previously heads […]
MTN Appoints Ferdi Moolman as Nigeria CFO in Management Overhaul
MTN Group Ltd. (MTN), Africa’s largest wireless operator, appointed Irancell executive Ferdi Moolman as chief financial officer of the company’s Nigerian operations, succeeding Andrew Bing. Moolman will be replaced as chief operations officer of MTN Irancell by Mazen Mroue, head of MTN Uganda, the Johannesburg-based company said in an e-mailed […]
