World News

Ebola:First Bank, Ecobank Risk Sierra Leonean Firm’s $200 Million Loan Default

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-First Bank of Nigeria and pan African lender, Ecobank Transnational  maybe risking a $200 million loan default from a Sierra Leonean firm, London Mining Plc due to the dreaded Ebola virus diseases (EVD) deterring investors and declining prices of iron-ore, a Bloomberg report said on […]

NSE Emerges Africa investor Best Initiative In Support of SMEs, MDGs

Press Release, October 10, 2014/Africa investor Africa investor (Ai), a leading international investment and communications group, yesterday announced the winners of the prestigious Ai Investment and Business Leader Awards 2014, which took place at the Ritz Carlton Hotel in Washington DC, during the Ai CEO Investment Summit on the eve […]

IFC Acquires 13 Percent Debt Issuance in Seven Energy worth $50 Million

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Finance Corporation (IFC), a member of the World Bank group on Tuesday said it has bought almost 13 percent of the debt sold by Nigerian oil and gas firm, Seven Energy International Limited, worth $50 million, according to a Bloomberg report quoting a […]