By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- South African Firm Famous Brands, leading quick service and casual dining restaurant operator in Africa will acquire 49 percent (49%) stake in UAC of Nigeria Plc (UAC). This is contained in a notice by UAC to the Nigerian Stock Exchange (NSE) and made available […]
Tag: InvestAdvocate
Analysis: Nigeria’s property boom: only for the brave
On one of the most exclusive streets in Nigeria’s capital sits a crumbling mansion with an unwelcoming message painted at its entrance: “BEWARE! THIS HOUSE IS NOT FOR SALE”. The warning refers to a popular property scam. In the most elaborate version, robbers break into your house while you are […]
Bank lending rises to N13.8tn
Bank lending to the domestic economy increased by four per cent to N13.8tn at the end of July, according to the Central Bank of Nigeria’s latest monthly report. The report, available on the bank’s website, stated that the four per cent increase was on month-on-month basis, compared with the growth […]
