Ecobank Transnational Incorporated grew too fast in a short space of time, its biggest shareholder said on Wednesday, potentially signalling a slowdown in the rapid expansion that has taken the financial institution to 35 countries. The Chief Executive Officer, Public Investment Corporation, Mr. Elias Masilela, said the bank, whose chief […]

Press Release Lagos, Nigeria, March 8, 2014: Leading global consumer goods company, Procter & Gamble Nigeria, will on Thursday March 13, commission its new multi-million Dollar Consumer goods plant in Agbara Industrial Estate, Ogun State. The event is expected to be chaired by his Excellency, President Goodluck Ebele Jonathan and […]

Seplat Petroleum Development Co., a Nigerian oil company that bought assets in the Niger delta from Royal Dutch Shell Plc, plans to sell shares to the public to raise at least $500 million. The company will use the proceeds to acquire more assets or enter joint ventures, it said in […]