The Group Managing Director and Chief Executive Officer, United Bank for Africa Plc, Mr. Phillip Oduoza, has advised investors from developed economies, who are desirous of taking advantage of business and investment opportunities in Africa, to seek credible local partners in order to succeed.  A statement by the bank on […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Breweries Plc on Friday said it’s seeking Securities & Exchange Commission’s (SEC’s) approval on its proposed scheme of merger with Consolidated Breweries Plc. The beer maker in a letter signed by Uaboi G. Agbebaku, company secretary/legal adviser with reference number CS/LA.105/14/201 dated May 09, […]

The Managing Director, Fidelity Bank Plc, Mr. Nnamdi Okonkwo, on Thursday attributed the bank’s unimpressive performance in 2013 to higher cost of deposits arising from tight monetary conditions. Okonkwo said this at the bank’s ‘facts behind the figures’ session at the Nigerian Stock Exchange in Lagos. He said that the […]