By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-South Africa’s National Prosecuting Authority (NPA) on Monday said it has seized $9.3 million in cash intended for the purchase of weapons and helicopters to be used in Nigeria, a Bloomberg report quoted Nathi Mncube, NPA spokesman. “The cash consisted of 90 blocks of $100,000 […]
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Power Minister Says Nigeria Considering $20 Billion Offers to Sell TCN Assets
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Chinedu Nebo, minister of power said on Monday that Nigeria is considering offers to sell more than $20 billion worth of assets of Transmission Company of Nigeria (TCN) according to a report by Bloomberg. The reported quoted Nebo in a September 12 interview with Bloomberg […]
Nigeria’s Inflation Rises 8.5% in August for Sixth Consecutive Month
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s inflation rose 8.5 percent in August for the sixth conservative time, according to Consumer Price Index (CPI) and inflation report released by the National Bureau of Statistics (NBS) on Monday. NBS said the CPI recorded an uptick from the previous month. Prices rose by […]
