By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Oil marketing giant, Oando Plc has said it will build a $600 million 400-mgawatt power plant in Nigeria; a Bloomberg report quoted Bolaji Osunsanya, chief executive officer of the company in an interview it granted on Wednesday. The report said this is coming on […]

Nigerian Breweries, said on Friday it would seek shareholder approval on Dec. 4 for its plan to merge with rival Consolidated Breweries. Heineken, the majority shareholder in Nigerian Breweries, acquired a controlling stake in Consolidated Breweries in 2005 and is seeking to merge both businesses to take advantage of Nigeria’s […]

Oct 31, 2014/Reuters World shares jumped and the yen fell to a seven-year low against the dollar on Friday as the Bank of Japan surprised financial markets by significantly expanding its massive stimulus program. In a rare split decision, the BOJ’s board voted 5-4 to accelerate purchases of Japanese government […]