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    Monthly Archives: November, 2017

    2019: Buhari hints at Re-election bid

    Maintains he belongs to everyone as reason for backing Adesina for AfDB presidency Omololu Ogunmade in Abuja President Muhammadu Buhari dropped a...

    CBN sells 117 bln naira in Treasury bill at auction

    LAGOS, Nov 29 - Nigeria raised 117.17 billion naira at a treasury bill auction on Wednesday after allocating almost 90 percent of the debt...

    Expect more war, hunger and extremism in 2018 – report

    GENEVA, Nov 30 (Reuters) - Humanitarian crises around the world will worsen next year, with no let-up in civil wars in Africa, near-famines in...

    Deals of the day-Mergers and acquisitions

    Nov 30 - The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Thursday: ** Seven-Up Bottling Co has received an offer...

    Nigeria’s Seven-Up gets $60 mln takeover offer after losses

    Seven-Up received takeover offer in Aug * Profits have been falling since 2015 * Company likely to be delisted after takeover * FX crisis, weak demand stifles...

    NTDC Staff Protest, Demand Sack Of DG, Folorunsho Coker

    These are not the best of times for the Director General of Nigerian Tourism Development Corporation (NTDC) Mr. Folorunsho Coker. The embattled NTDC boss is...

    OPEC said to agree extended oil supply cut for full 2018

    VIENNA, Nov 30 - OPEC agreed on Thursday to extend oil production cuts until the end of 2018, a delegate said as the group...

    Nigeria’s dollar reserves at $34.53 bln as of Nov. 24 -cenbank data

    LAGOS, Nov 30 - Nigeria’s foreign exchange reserves stood at $34.53 billion as of Nov. 24, up nearly 3 percent from a month...

    Chinese rivals in bids to rescue Brazil’s bankrupt Oi

    China Mobile is set to compete with its rival, China Telecom, in a bid to invest in the bankrupt Brazilian operator Oi. The move comes...

    Nokia dismisses $16bn Juniper acquisition rumours

    Nokia has quashed rumours it is eyeing a bid for network vendor rival Juniper Networks in a bid that would have reportedly been worth...

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