May 14, 2024/alizila.com By Elizabeth Utle The platform company will pay shareholders a two-part dividend totaling $4 billion Completion of Alibaba’s Hong Kong dual-primary listing expected by the end of August 2024 Photo credit: Getty Images Alibaba Group’s fourth-quarter revenue grew 7% year-over-year to RMB221.87 billion ($30.73 billion), edging ahead […]
Investors Bite
Core Investors May Acquire Daar Communication for Peanut
May 14, 2024 …. They Need Little Money To Buy It, Says Market Operators By Kelechukwu Mgboji InvestAdvocate Lagos (INVESTADVOCATE)- Core investors with keen interest in mass media industry may soon acquire controlling stake in Daar Communications Plc, InvestAdvocate has learnt. Our correspondent has it on good authority that the […]
Foreign Investments in the Telecoms Sector Decline in 2023
May 14, 2024/CSL Research The Nigeria Bureau of Statistics capital importation data showed the telecoms sector attracted investments worth US$134.75m in 2023 compared to US$456.83m in 2022, a significant decline of 70.50% y/y. Quarter on quarter, foreign capital inflow into the telecoms sector decreased by 64.33% to US$22.84m in Q4 […]
