Optimistic investors tiptoe towards risk exposure Independent online While the UN warns of a second recession, Bank of America Merrill Lynch has a very upbeat view of the world. | Its January fund manager survey, released yesterday, said: “Global investors have started 2012 with a reawakened sense of optimism towards the global economy and greater appetite for ...
Artists: SoundExchange Has Free Money For You, No Nigerian Princes Involved Fast Company Artists: SoundExchange Has Free Money For You, No Nigerian Princes Involved | BY Austin CarrToday | Since its inception, SoundExchange, the organization that collects royalty payments from digital music services like Pandora, has brought in more than...
US Embassy: US citizen kidnapped in Nigeria freed STL Today | A spokeswoman for the U.S. Embassy in Nigeria says a U.S. citizen kidnapped in the country's oil-rich southern delta has been released. | Spokeswoman Deb MacLean told The Associated Press on Friday the man had been released. She declined to offer a...
U.S. citizen freed a week after kidnapping in Nigeria Daily Press | YENAGOA, Nigeria (Reuters) - A U.S. citizen working for Marubeni Corp who was kidnapped in Nigeria's oil rich Niger Delta on January 20 has been released, police and the U.S. embassy said Friday. | Gunmen kidnapped the man last Friday in the southe...
Welcome to 'Nollywood': Nigerian film industry entices Hollywood stars The Grio | Photo by Ato Anderson: Filming of Nollywood movie “Streets of Calaba” in Cross River State in southeastern Nigerian in 2011 (Charles Aniagolu: writer, producer & co-director, Streets of Calabar, is wearing the striped shirt) | First there w...
Nigeria: Thrown into Chaos and a State of Civil War: The Role of the IMF GlobalResearch | Nigeria, Africas most populous nation and its largest oil producer, is from all evidence being systematically thrown into chaos and a state of civil war. The recent surprise decision by the government of Goodluck Jonathan to abruptly lift subsidie...
Nigeria’s Boko Haram Islamists threaten new attacks Business Day | KANO — Nigerian security forces searched for a kidnapped German engineer on Friday as the Boko Haram Islamist group threatened new attacks in Africa’s most populous nation and top oil producer. | In an audio recording posted on YouTube, Abubaka...
AP / George Osodi
Brent up more on Nigeria supply fears The Guardian * Brent hits high of $112.50, U.S. crude touches $100.19 * Nigeria strikes main focus ahead of weekend (Updates throughout, adds quotes, update prices) By Yeganeh Torbati and Zaida...
Crude rises near $100 on Iran, Nigeria fears Breitbart HONG KONG (AP) - Oil prices climbed near $100 a barrel on Friday on revived concerns over a possible embargo on Iranian oil and a strike in major oil producer Nigeria loomed. | Ben...
LG Commences Infrastructural Dev. of Towns, Villages All Africa Leadership (Abuja)-The Ekiti West Local Government Area in Ekiti State has commenced aggressive infrastructural development of its towns and villages. | ...
Nigeria seen holding interest rates Independent online Nigeria will keep its key interest rate on hold at 12 percent at its first rate setting meeting of the year on Tuesday, as it considers the inflation effect of a removal of subsidy from fuel and the naira stabilises, a Reuters poll showed on Friday. ...
Stock Market Gains N64 Billion in Two Days All Africa Daily Trust (Abuja)-Trading activities on the Nigerian Stock Exchange gained N64 billion within two days to close uptick yesterday at N6.56 trillion while the key benchmark indices gaining 172.25 basis points or 0.84 per cent to close at 20,797.81. |...
FG, Labour Resume Talks All Africa This Day (Lagos)-The Justice Alfa Belgore-led committee on the deregulation of the downstream sector set up by the Federal Government to harmonise issues with the organised labour on fuel subsidy has commenced talks, with cost of governance on the fr...
FG to Refund N350 Billion to States for Fixing Federal Roads All Africa The Moment (London)-THE Federal Government has said it is set to refund a total of N350 billion to states that repaired federal roads in their states, after the verification and harmonisation of claims by the federal ministry of works. | ...
UniCredit Gaining Investor Support for $9.6 Billion Rights Issue The New York Times | LONDON — Aabar Investments, an investment vehicle for Abu Dhabi’s sovereign wealth fund, said on Tuesday that it would increase its stake in Italian bank UniCredit to 6.5 percent from 5 percent after the Milan-based firm completes a so-called rights offering at the end of the month. The deal would make Aabar the largest individual investo...
Anger grows as Nigeria fuel strike enters 3rd day The Guardian * Deadlock over fuel subsidy removal * Strikes hurt security as Boko Haram menace grows * Africa's second biggest economy paralised By Tim Cocks LAGOS, Jan 11 (Reuters) - A bitter showdown between Nigeria's government and unions with popular backing enters its third day on Wednesday, with workers vowing to stay on strike unless a motor fuel subsidy...
