Wed Apr 6, 2016/Reuters By Felix Onuah and Ulf Laessing Nigerian President Muhammadu Buhari will sign a loan deal with China during a visit next week, his spokesman said on Wednesday, helping to finance badly-needed infrastructure projects. “I can’t tell you how much until the day the loan will be […]
Tag: Reuters
Nigeria’s UAC halts share sale, eyes retail for growth
Tue Apr 5, 2016/Reuters Nigerian conglomerate UAC group has suspended a planned rights issue due to a weak equity market and shareholders had rejected a proposal to issue preference shares via a private placement, Chief Executive Larry Ettah said on Tuesday. Ettah said the capital raising would happen at subsidiary […]
Bombay Stock Exchange looking to list next year: CEO
Tue Apr 5, 2016/Reuters By Sumeet Chatterjee ombay Stock Exchange Ltd (BSE) aims to list next year, its CEO said, in a deal that will raise the profile of Asia’s oldest bourse at a time of industry consolidation, as investors such as Deutsche Boerse AG (DB1Gn.DE) get the opportunity to […]
