Updates

Nigeria FBN Holdings sees no need to raise equity after loan loss

Wed Apr 27, 2016/Reuters Nigeria’s biggest banking group FBN Holdings has no need to tap equity markets after an unexpected 119 billion naira ($600 mln) loan loss provision last year but will keep loan growth flat to boost capital, its CEO said on Wednesday. CEO Urum Kalu Eke said the […]

The Guardian Nigeria launches online TV platform

27/4/2016/The Guardian The Guardian (http://www.Guardian.ng), Nigeria’s most trusted newspaper, launched its online TV platform, Guardian TV (http://www.TV.Guardian.ng), on Wednesday, April 27. Guardian TV will provide exclusive video interviews, as well as up-to-the-minute videos from across the world, and will be available on virtually any device that has an internet connection, […]

AG Leventis (Nigeria) Enters into Joint Venture Agreement with Pick N Pay

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s leading congloromate in several industries, AG Leventis (Nigeria) Plc said on Tuesday it has entered into a joint venture agreement with South African Pick N Pay Retailers Limited. “The indicative scope of services by the new company to be formed pursuant to the joint […]