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Tony Elumelu Applauds US Congress for passage of ‘Electrify Africa Act’

February 2, 2016/Heirs Holdings Leading investor and Chairman, Heirs Holdings, UBA Plc and founder of the Tony Elumelu Foundation, Tony O. Elumelu has applauded the U.S. House of Representatives for… Read more »

Nigeria’s Investment Inflows Drop by $11.1 Billion in 2015 – NBS

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s investment inflows declined $11.107 billion from $20.750 billion in 2014 to N$9.643 billion recorded in the review period of 2015, the National Bureau of… Read more »

Wall Street falls 2 percent as Exxon Mobil, oil weigh

Tue Feb 2, 2016/Reuters By Caroline Valetkevitch U.S. stocks dropped more than 2 percent in late Tuesday trading after a disappointing forecast from Exxon Mobil (XOM.N) and another steep drop… Read more »

MasterCard at #MWC16: Enabling Commerce at the Speed of Life

February 2, 2016/MasterCard By Marisa Grimes International Markets President to Keynote at Mobile World Congress Every day, MasterCard uses its technology and expertise to drive innovation and create safer and… Read more »

IMF to Hold Online Q & A Session with MD Christine Lagarde on Emerging Market Economies

February 2, 2016 By InvestAdvocate Lagos (INVESTADVOCATE)-Global lender, the International Monetary Fund (IMF) said on Tuesday it will hold an online question and answer session with Christine Lagarde, the managing… Read more »

Nigeria, Angola seek World Bank help as oil revenues slide

Tue Feb 2, 2016/Reuters By Alexis Akwagyiram and Herculano Coroado Nigeria and Angola, Africa’s two biggest oil producers, are both in talks with the World Bank about support to help… Read more »

Asian shares slip as crude resumes drop

Tue Feb 2, 2016/Reuters By Lisa Twaronite Asian shares fell on Tuesday as crude oil prices slid on oversupply fears and after downbeat manufacturing data raised concerns about sluggish global… Read more »

Setting the Records Straight on Online Publishers Association in Nigeria

Wednesday, January 27, 2016 4.07PM / OPAN Press Release In issuing the broadside on the reportage of a ‘meeting’ between the Honourable Minister of Information, Alhaji Lai Muhammed ​and ‘Online Publishers in… Read more »

Four Nigerian banks among world’s top 500

February 1, 2016/Punch First Bank of Nigeria Limited, Guaranty Trust Bank Plc, Zenith Bank Plc and United Bank for Africa have been named among the world’s top 500 banks. A… Read more »

Sterling Bank Names Michael Jituboh Non-Executive Director

By InvestAdvocate Lagos (INVESTADVOCATE)-Lender, Sterling Bank Plc on Friday said it has appointed Michael Jituboh as non-executive director on its board; Jituboh is currently the executive director, Special Projects of… Read more »