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NBC to delist for N45 billion worth strategic investment -Seek recapitalisation

By Peter OBIORA investadvocate Jan 19 2011 15.01 GMT Lagos (INVESTADVOCATE)-There are indications that the planned delisting of Nigerian Bottling Company Plc (NBC) from the Nigerian Stock Exchange (NSE) is for the Company to make a N45 billion strategic investment within the next three years and seek recapitalisation.   Adeleke Adebayo, […]

NBC to delist for N45 billion worth strategic investment -Seek recapitalisation

By Peter OBIORA investadvocate Jan 19 2011 15.01 GMT Lagos (INVESTADVOCATE)-There are indications that the planned delisting of Nigerian Bottling Company Plc (NBC) from the Nigerian Stock Exchange (NSE) is for the Company to make a N45 billion strategic investment within the next three years and seek recapitalisation.   Adeleke Adebayo, […]

Goldman profit slides, disappoints investors

By Jonathan Stempel  NEW YORK (Reuters) – Goldman Sachs Group Inc posted a 53 percent decline in quarterly profit as trading revenue tumbled, spoiling hopes that Wall Street’s most influential bank might buck a volatile climate that has hurt rivals such as Citigroup Inc.   Goldman, long known for generous payouts to employees, also said compensation would […]