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Tony Elumelu Urges Business leaders to Promote Economic, Social Wealth in Nations of Operation

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Tony Elumelu, chairman of Heirs Holdings and the founder of the Tony Elumelu Foundation has advised business leaders to make decisions that will increase economic… Read more »

NAICOM Appoints Interim Management for IEI

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian insurance regulator, National Insurance Commission (NAICOM) has announced the appointment of an interim management board for International Energy Insurance Plc (IEI). The insurer disclosed… Read more »

UTC Nigeria Names Victor Ogiemwonyi Director

By InvestAdvocate Lagos (INVESTADVOCATE)– Meat and baked products company, UTC Nigeria Plc said on Friday it has appointed Victor Ogiemwonyi as a director of the company with effect from 20… Read more »

Merger: Holcim Launches Reorganisation of Group Functions

May 20, 2015/Holcim Holcim announces that it is preparing the reorganisation of Group functions in the context of the proposed merger with Lafarge to create the most advanced company in… Read more »

Holcim Names Kaspar E.A. Wenger Chairman Designate, Gerd Aufdenblatten Cluster CEO

By Peter OBIORA InvestAdvocate Lagos INVESTADVOCATE)- Holcim Ltd, one of the world’s leading suppliers of cement and aggregates said on Tuesday it has appointed Kaspar E.A. Wenger and Gerd Aufdenblatten… Read more »

Rio Tinto to sell aluminum assets in $1 billion deal: paper

Sun May 17, 2015/Reuters Global miner Rio Tinto (RIO.L) (RIO.AX) plans to sell some of its aluminum assets in a potential $1 billion deal, the Financial Times reported, reviving a… Read more »

African Infrastructure Draws Old Mutual, Macquarie for New Fund

May 13, 2015/Bloomberg Old Mutual Plc is setting up a new fund for investments in African infrastructure including toll roads and power plants as part of a joint venture with… Read more »

Tony Elumelu Meets President Obama to Develop African Entrepreneurship

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Tony Elumelu, renowned African Entrepreneur and philanthropist on Monday meet President Barack Obama to propose a new entrepreneur-led development model for Africa in Washington DC. Elumelu, Chairman of Africa’s global… Read more »

Verizon to buy AOL for $4.4B; AOL shares soar

May 12, 2015/CNBC Telecom giant Verizon announced Tuesday it will be buying AOL for $50 per share, or about $4.4 billion. (Tweet This) AOL’s stock was up more than 17… Read more »

Merger: Holcim Offers 9 New Shares for 10 Lafarge’s

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Holcim Ltd, one of the world’s leading suppliers of cement and aggregates said on Wednesday its offering  nine (9) registered bearing current dividend rights,… Read more »