Nigerian billionaire Aliko Dangote said on Thursday he was aiming to list his $11 billion cement company on the London stock exchange by the third quarter of 2013. “If the market is good by next year, we will hit the market, sometime. Maybe third quarter … we will try,” he […]

Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround under a new president. The electronics and entertainment company, which also makes “Spider-Man” movies, reported […]

Bottled-up cracks and infightings at the Securities and Exchange Commission (SEC) opened up on Wednesday at the investigation of the House of Representatives into the ruinous state of the capital market, as SEC executive commissioners disowned major decisions taken by the Director-General Arunma Oteh because they were not consulted before […]