June 14, 2017/The Nation Taofik Salako Oando Plc yesterday concluded a debt-to-equity conversion with the listing of about 396.8 million ordinary shares that resulted from the transaction at the Nigerian Stock Exchange (NSE). The transaction was valued at N3.17 billion at the closing value of the integrated energy group. The […]
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African Development Bank Supports Afe Babalola University Expansion with a US$40 Million loan
June 13, 2017/AfDB The African Development Bank (AfDB) has signed agreements for a corporate loan to finance the expansion of Afe Babalola University (ABUAD) in Ado Ekiti, Nigeria. The expansion plan consists of construction of new facilities – including a 400-bed teaching hospital, an industrial research park, a post-graduate school, […]
G20, African countries explore opportunities to increase investments in Africa at Berlin conference
June 13, 2017/AfDB The President of the African Development Bank, Akinwumi Adesina, joined leaders from African countries and G20 members in Berlin on Monday to discuss opportunities to enhance the business environment and increase investment in Africa. A common refrain on the opening day of the two-day conference – “G20 […]
