May 8, 2015/Heirs Holdings African business leader and philanthropist Tony O. Elumelu,CON will speak at a White House event hosted by U.S. President Barack Obama this Monday, to celebrate emerging entrepreneurs around the globe. The May 11thevent is a prelude to Obama’s scheduled trip to Kenya this summer for the Global Entrepreneurship Summit. The United Bank for Africa Chairman is no stranger […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The United Kingdom’s (UK’s)  Department for International Development (DFID) on Wednesday said it will provide $9.3 million (£6.2 million) over the next five (5) years to support a new project to improve macroeconomic statistics in 44 countries in Africa and the Middle East. The […]

Wed May 6, 2015/Reuters * Drop in revenues prompts govt to cut subsidies * Nigeria tried to end subsidies in 2012 * Fuel shortage as marketers worry over payments Nigeria will slash petrol subsidies by 90 percent this year because government revenues have been hit by the slump in oil […]