Press Release Guaranty Trust Bank Plc (GTBank), a foremost African Banking Group has now concluded the acquisition of a 70% stake in Fina Bank Group, after securing the required regulatory approvals in the 3 East African countries – Kenya, Rwanda, Uganda as well as in Nigeria. GTBank acquired a 70% […]
Business News
Dangote Sugar buys $35m machinery to boost production, affirms belief in BIP of FGN
The Nation’s foremost sugar refinery, Dangote Sugar has demonstrated its resolve to ensure the realization of the national sugar master plan as it takes delivery of farm machinery worth $35 million from Panafrican Equipment. The Panafrican Equipment Group is a recognized leader in providing mining and construction grade equipment and […]
Herbalife Plans Offering of Notes to Fund Share Repurchases
Herbalife Ltd. (HLF), the vitamin maker accused by hedge fund manager Bill Ackman of being a pyramid scheme, said it will offer $1 billion in convertible senior notes and use some of the money to repurchase common shares. The initial buyers of the notes, due in 2019, will be Bank […]
