By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria has approached the African Development Bank (AFDB) for Budget Support Loan of $1 billion, the Africa lender said on Tuesday. “During the High-Level Mission conducted by the Bank to Nigeria last week to strengthen the policy dialogue on how best the Bank can provide […]
Tag: $1 billion
GSK’s $1 billion share tender offer for Indian unit to start February 18
GlaxoSmithKline Plc’s (GSK) (GSK.L) share tender offer worth $1 billion to raise its stake in the Indian unit will start on Feb 18th and end of March 5th, the manager to the offer said in a notice to the exchanges on Monday. GSK plans to raise its stake to as […]
Flour Mills of Nigeria to invest over $1 bln to expand capacity
Flour Mills of Nigeria plans to invest $1 billion over the next 3-5 years to fund growth and expand into West Africa, its vice chairman told Reuters on Friday. John Coumantaros said revenue for the manufacturer of products like pasta, flour, vegetable oil, livestock feed and also cement grew 11-15 […]
