Tag: InvestAdvocate

Transcorp Rewards Investors with Bonus of 1 for 20 Ordinary Shares

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier conglomerate, Transnational Corporation of Nigeria Plc on Wednesday said as part of its continued effort to enhance shareholder value, the group board has recommended to shareholders for approval of a bonus issue of 1 ordinary share of 50 Kobo for every 20 […]

Chase Bank secures KShs 5-billion AfDB lending facility

March 31, 2016/AfDB Latest round of financing to spur Chase Bank’s credit expansion to SMEs as it plans KShs60 billion for sector in the next three years. Chase Bank has secured KShs 5 billion (USD 50 million) on-lending facility from the African Development Bank (AfDB) to support its growth strategy. […]

DHL Says Africa’s Drop in GDP Growth will not Deter Investors

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- leading global brand in the logistics industry, Deutsche Post DHL said on Thursday despite  Africa’s  slight economic slowdown, investment in the continent will not be discouraged. “Over the past few years, Africa has been top of mind for foreign business investment, often referred to […]