* Air disasters common in Africa’s 2nd biggest economy * Dana Air crash last year killed 163 * Family was on way to funeral with coffin – reports Fifteen people were killed when an Embraer passenger plane crashed shortly after take-off just outside Lagos airport’s domestic terminal on Thursday, Nigerian […]
Tag: InvestAdvocate
Foreign investors seen warming to Nigeria’s power sector-official
* Most power assets have so far gone to local oligarchs * Power task force head says foreign interest growing * Nigeria selling sector to try to end crippling blackouts The initial sell-off of state power assets, designed to end decades of electricity shortages, mostly attracted local oligarchs, while foreign […]
Standard Chartered, DBS, HSBC among bidders for Societe Generale Asia private bank: sources
Standard Chartered PLC (STAN.L), DBS Group Holdings Ltd (DBSM.SI) and HSBC PLC (HSBA.L) have submitted first round bids for Societe Generale’s (SOGN.PA) Asian private bank valued at $600 million, people involved in the sale told Reuters. SocGen, France’s second-largest bank by market capitalization, is selling the unit as part of […]
