Helios Towers Africa, the owner of telecommunications towers in three countries on the continent, is raising almost $1 billion in capital to expand in the region, Chief Financial Officer Andres de Orleans Borbon said. The Mauritius-based company has raised $630 million in equity from shareholders including International Finance Corp., the […]
Business News
BOC Gases Extends Terminal Date of Retiring MD to July 31
By InvestAdvocateLagos (INVESTADVOCATE)-BOC Gases Nigeria Plc on Tuesday said it has extended the terminal date for J.A Idowu its retiring managing director (MD) to July 31, 2014. The gas company in a notice to the Nigerian Stock Exchange (NSE) said that following the meeting of its directors held on Wednesday, […]
NPFMCRFBK Names Akinwumi Lawal New MD
By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-NPF Microfinance Bank Plc on Monday named Akinwumi Mohammed Lawal as the substantive managing director (MD) of the Bank. NPFMCRFBK apart from appointing Lawal as the new MD of the microfinance bank, also announced the appointment of Jude Chukwueloka Ohanehi as its executive director (ED) with […]

