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Vodafone investors split on best use of Verizon windfall

Top investors in Vodafone Group are set to clash over what the company should do with perhaps as much as $130 billion in proceeds from the sale of its stake in Verizon Wireless, which is expected to be announced imminently. Vodafone shareholders contacted by Reuters as talks continued between the […]

Investment One Acquires NIGFUND, Records 35% Growth YTD

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Lagos (INVESTADVOCATE)-Investment One Financial Services Limited Friday officially announced its acquisition of the Nigerian International Growth Fund (NIGFUND) formerly managed by Fidelity Bank Plc; as it records 35 percent (35%) growth Year-to-Date (YTD) in the fund. Abimbola Afolabi-Ajayi, Head of Corporate Services of […]

Forte Oil assures market of a bumper 2013

Nigeria’s foremost indigenous major marketer of refined petroleum products, Forte Oil plc (formerly AP Plc) presented its financials to the investing public at the Nigerian Stock Exchange’s ‘FACTS BEHIND THE FIGURES’ session today.  Led by the Group Chief Executive of the firm, Mr. Akin Akinfemiwa; who prior to the event had […]