Tag: Uganda

GTBank Acquires 70% Stake in Offshore Bank

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guaranty Trust Bank Plc (“GTBank”) Tusday announced it has acquired a 70 percent (70%) stake in Fina Bank Limited,  (“Fina Bank”) .   Fina Bank in a notice to the Nigerian Stock Exchange (NSE) said it has reached an in-principle agreement for the acquisition by […]

IMF Hails Uganda’s Macroeconomic Performance

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday commended Uganda for its Macroeconomic performance under the Funds Policy Support Instrument (PSI). This is contained in a Press Release from the IMF and made available to www.investadvocateng.com in Lagos Nigeria. Naoyuki Shinohara, Deputy Managing Director (DMD) and Acting […]