Tag: InvestAdvocate

Capital Importation into Nigeria: Tapering for Longer?

February 16, 2016/Cordros Research The National Bureau of Statistics (NBS) recently released report on Capital imported into Nigeria in the third and fourth quarters of 2015. The report covers capital importation by Investment Type (FDI, Portfolio and Other Investments), by Business Type, by State and by Country of Origin.  In […]

ETI Names Samuel Ashitey Adjei MD of Newly Merged CESA Region

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Pan-African lender, Ecobank Transnational Incorporated (ETI) on Tuesday announced it has appointed Samuel Ashitey Adjei, managing director (MD) for the Group’s recently combined region, Central, Eastern, and Southern African (CESA) Countries, consisting of 18 subsidiaries. Adjei currently the MD of Ecobank Ghana will step down […]

Equator Capital acquires 657,000 shares in Fortis

February 14, 2016/Daily Trust Fortis MFB Plc recently took a major step forward, which the bank said it was pleased to share with its stakeholders. The bank has agreed to accept Messrs. Equator Capital Partners investment in the bank by way of a Special Placement of 656,666,668 Ordinary Shares of […]