It’s getting uglier for Caverton Helicopters. The company closed the week at N5.41 leading the losers chart. The company debuted at about N9.5 on May 20 and in just about 10 days is about to loose half its value.
Comparative data from the financial statements of three of the largest beer makers in the country suggest that Guinness Nigeria Plc has lost its place as the second-largest brewery by revenues to International Breweries.
The Chief Executive Officer of Invictus Group, Obinwanne Okeke, who in 2016 made it into Forbes Africa’s 30 Under 30 List, has been arrested by the Federal Bureau of Investigation (FBI) for conspiracy to commit computer fraud.