GlaxoSmithKline plans to make new investments in additional factories and drug research in Africa, its chief executive said on Sunday, as the pharmaceuticals group broadens its bet on promising emerging markets. Andrew Witty said the continent was important for the British company’s long-term growth, adding that the investment would create […]

BlackBerry Ltd reported a smaller-than-expected loss on Friday as new chief executive John Chen slashed costs, but a 64 percent drop in revenue underscored the challenge he faces in turning around the struggling smartphone maker. The Canadian company, which has lost most of the smartphone market to Apple Inc’s iPhone […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-One of Nigeria’s leading lenders, United Bank for Africa Plc, (UBA) Wednesday announced the resignations of Emmanuel Nnorom and Abdulkadir Bello as non-executive directors. The bank in later dated March 25, 2014 and signed by Bili Odum, group company secretary to the bank said the […]