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FG raises N55bn from debt market

The Federal Government raised a total of N55bn from the debt market in July, it was learnt on Thursday. This amount represents an increase of 34.19 per cent or 164 per cent over  N20.81bn borrowed by the regulatory authority in the month of June. This information was contained in the […]

Transcorp Hilton Emerge Official Hotel for 2014 World Economic Forum Africa

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Transcorp Hilton Abuja Nigeria has emerged as the official hotel and hospitality partner of the 24th World Economic Forum on Africa (WEFA) to be held for the first time in Nigeria.   This is coming on the heels of the announcement of the world economic forum […]

Transcorp Pays $300 million for Ughelli Power Plant

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Transnational Corporation of Nigeria Plc (Transcorp) Thursday announced it has completed full payment of Ughelli Power Limited (TUPL), its subsidiary. This is contained in a notice to the Nigerian Stock Exchange (NSE) in Lagos Nigeria and made available to InvestAdvocate. To complete the payment, the […]