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    Monthly Archives: May, 2016

    Technip signs $500 mln deal to refurbish Libya's Bahr Essalam oil platform

    French oil services company Technip has signed a deal worth $500 million with a consortium that includes Libya's National Oil Company (NOC) and Italy's...

    Nigeria to get new National shipping line soon – Amaechi

    The Minister of Transportation, Rotimi Amaechi , has said the Federal Government is considering the idea of establishing a National Shipping Line for the country. He...

    PSG's Aurier sent to court over fracas with police

    Paris St Germain defender Serge Aurier will be tried in September over a brush with police after the soccer player left a night club...

    France coach Deschamps backs striker Giroud after boos

    French coach Didier Deschamps defended striker Olivier Giroud after he was booed by some fans during his country's penultimate Euro 2016 warm-up match against...

    SA regulator sets conditions for $100 bln AB InBev, SABMiller deal

    The world's largest brewer Anheuser-Busch InBev gained conditional approval on Tuesday for its $100 billion-plus acquisition of SABMiller from South African anti-trust regulators, bringing...

    Old Mutual proposes 1,000 pct break-up bonus for CEO Hemphill

    Anglo-South African financial services firm Old Mutual on Tuesday proposed a maximum pay-out for chief executive Bruce Hemphill of 1,000 percent of his 2016...

    Nigeria stocks post biggest daily fall in 16 months on FX risk

    Nigerian stocks posted their biggest daily decline in 16 months on Monday as investors waiting for clarity on a new central bank currency policy...

    Police parade suspected pirate in Lagos

    The police in Lagos on Tuesday paraded a suspected pirate, Blessing Ireghe, who was arrested by operatives of the Nigerian Navy Ship (NNS) BEECROFT. Ireghe,...

    Bayelsa gets new police commissioner

    A new Commissioner of Police, Mr. Adeyinka Sodipo, has resumed work at the Bayelsa State Police Command. Sodipo replaced Mr. Peter Ogunyanwo, who had been...

    Anti-graft war: convicted ‘public officers’ will be jailed – Owasanoye

    Impunity and abuse of public trust will persist despite Federal Government’s anti-corruption efforts unless a “big fish” gets convicted, the Secretary of the Presidential...

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