By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Asset Management Corporation of Nigeria (AMCON) has announced HBCL Investment Services Limited (HISL) is sponsored by Heritage Bank as the preferred buyer for nationalised bank, Enterprise Bank Limited, AMCON said in a statement late Thursday. AMCON for about one (1) year now sought […]

Ghana sold $1 billion of bonds less than a week before the arrival of an International Monetary Fund mission intended to help bring stability to an economy battered by the world’s worst currency rout. The West African nation priced the amortizing notes due January 2026 to pay 8.25 percent, or […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Italian oil multinational, Eni SpA on Thursday said Claudio Descalzi, its chief executive officer (CEO) is under investigation for a $1.1 billion oil field acquisition in Nigeria. Reuters quoted a statement by the company through the Italian Stock Exchange that Descalzi and Roberto Casula, Eni’s […]