By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Ecobank Nigeria, a unit of pan-African lender Ecobank Transnational Incorporated (ETI) said on Monday it has secured $150 million offshore loan from a group of international banks to help grow its loan book, the lender said in a statement. The international banks include Commerzbank Aktiengesellschaft, […]
Capital Market
Dangote Says Nigeria Lagos Refinery to Start by Mid-2018
Nov 17, 2014/Bloomberg Dangote Group, controlled by Africa’s richest man, expects an oil refinery it is building in Nigeria to come on-stream in late 2017 or the first half of 2018. The plant in the Lagos area will be able to process 500,000 barrels of crude a day, George Nicolaides, […]
Bulls Continue Dominance at NSE, All-Share Index Gain 0.30%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bulls continued its dominance on Monday at the Nigerian Stock Exchange (NSE) as all-share index (ASI) gained 0.30 percent to close at 35,488.80 points, while market capitalisation added N35.69 billion to close at N11.75 trillion. The positive dominance for the sixth consecutive sessions is coming […]
