Nigeria is looking for an international bank and a local lender to act as financial advisers for a $100 million diaspora bond to be issued by the end of the year, the Debt Management Office said on Wednesday. The advisers will coordinate investor road shows and support the bond’s registration […]
Tag: InvestAdvocate
Dangote Flour Posts N2.29 billion Loss in Half Year 2013
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Flour Mills Plc (DANGFLOUR) Wednesday posted a N2.299 billion loss in its half year report for the period ended June 30 2013. To record the loss, profit after tax (PAT) of the company went from a negative of N464.352 million in the half year […]
Dangote to borrow $3.3 bln for $9 bln Nigeria refinery
* Refinery will double Nigeria’s overall capacity * Dangote Group to put $3.5 bln of own equity into project (Adds details of refinery, background) Dangote Group said on Tuesday it will borrow $3.3 billion to build a $9 billion oil refinery and petrochemical complex in Nigeria, Africa’s most populous nation […]
