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10 Apr 2015
General Electric announced Friday it was getting out of most of its finance business, slashing back GE Capital and selling $26.5 billion worth of real estate. The US industrial giant said the move could generate as much as $90 billion to be returned to investors over the next three years via dividends, share buybacks and…
BOI-MD-OLAOLUWA
10 Apr 2015
The Bank of Industry (BOI) has secured a domestic credit rating of A- from Agusto & Co, a leading Nigerian credit rating agency.
10 Apr 2015
Royal Dutch Shell has agreed to buy British Gas (BG) for £47 billion ($70.2 billion) in the first major energy industry merger in more than a decade, giving the company a greater stake in the world’s natural gas markets in the wake of tumbling oil prices.
10 Apr 2015
THE Nigeria Deposit Insurance Corporation (NDIC) may have begun the process of auction of assets belonging to the liquidated 46 Microfinance banks in country.
Telecoms-Mast
10 Apr 2015
Pyramid Research, which is based in London, United Kingdom, informed that in 2014, the mobile voice segment was the largest revenue contributor with $7.3 billion ($219 million more revenue in 2014 than in 2013).
10 Apr 2015
FOLLOWING the expiration of the 30 days notice required under the Provisions of the Economic Community of West Africa Common External Tariff (ECOWAS-CET), the federal government has approved the implementation of the policy with effect from Saturday, April 11, 2015.
8 Apr 2015
EQUITY transactions on the Nigerian Stock Exchange (NSE) continued on a downward note yesterday, occasioned by price losses incurred by most blue chip companies, as market capitalization yesterday depreciated by 2.1 per cent.
8 Apr 2015
ON May 28, the eve of the country’s transition to a new political leadership, the Minister of Agriculture and Rural Development, Dr Akinwumi Adesina may emerge the President of African Development Bank (AfDB), going by his current rating among other top candidates for the plum job.
8 Apr 2015
Experts across major sectors of the Nigerian economyhave urged business owners to concentrate on leadership, risk management, technological advancement, as well as robust business strategies to engender growth in private concerns in particular and the economy in general.
8 Apr 2015
To further consolidate its Pan African production profile, Dangote Cement Plc has announced the commencement of operations in its $150 million cement plant in Douala, Cameroon.
8 Apr 2015
Nigeria LNG Limited (NLNG) has so far invested additional $14 billion on assets, made up mainly of plants and equipment, financed largely by the company’s shareholders, with 51 per cent stake by International Oil Companies (IOCs) and 49 per cent belonging to the country through the Nigerian National Petroleum Corporation (NNPC).
7 Apr 2015
GREEK Finance Minister Yanis Varoufakis will meet International Monetary Fund Managing Director Christine Lagarde in Washington on Sunday to discuss a set of planned reforms that Athens hopes will unlock much-needed bailout funds.

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England set up a titanic World Cup quarter-final against holders France as Jude Bellingham's masterclass inspired a 3-0 win against Senegal in the last 16 on Sunday.
2 hours ago
Air Vice Marshall Sayo Olatunde, the Commandant of the Nigerian Airforce War College, Makurdi, Benue State, is an excellent host any time I am in the college as a guest lecturer on crisis communication and social media engagement. We often discuss extensively on contemporary issues on the hard and soft power policies of the military,…
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3 hours ago
West African leaders on Sunday told Mali's ruling junta to release 46 Ivorian troops taken prisoner in July or face sanctions, officials said.
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Lawyers for Reform Group (LRG) has taken President Muhammadu Buhari, Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami and the Executive Director of the Nigerian Export-Import Bank (NEXIM), Stella Erhuvwuoghene Okotete to court for violating the Central Bank of Nigeria (CBN) Act in appointment into NEXIM.