Private equity firm TPG Capital is willing to invest about $1 billion in Japan’s Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG’s thinking said. TPG has informed executives at Sony, Canon Inc, Fujifilm Holdings and Panasonic Corp […]

Trading activities on the Nigerian Stock Exchange witnessed a marginal trend reversal on Thursday, as transactions closed positive to end a three- day downward trend. The market capitalisation of the listed equities rose by N2bn or 0.03 per cent from N6.579tn on Wednesday to N6.581tn. Similarly, the NSE’s All-Share Index […]

Talks to resolve the ongoing fuel subsidy crisis ended in a deadlock on Thursday as the organised Labour insisted that the government should return the pump price of petrol to N65 per litre. The talks between a government team of ministers and governors, and officials of the Nigeria Labour Congress, […]