By Agency Reporter Wednesday, 10 Nov 2010 HCA Incorporated the hospital chain acquired four years ago in a $33bn leveraged buyout, plans to issue a $2bn dividend to pay private-equity owners including KKR & Company and Bain Capital LLC. The dividend will be partly funded with a $1.5bn high-yield bond issue, […]

By Gbenga Agbana Wednesday, 10 Nov 2010 The performance indices of the Nigerian Stock Exchange rose marginally on Tuesday, following plans by the Asset Management Corporation of Nigeria to buy off over N2.2tn toxic assets. At the close of trading, the All-share Index of the NSE rose from 24,728.08 points on […]

By Nike Popoola Wednesday, 10 Nov 2010 The Group Managing Director, AIICO Insurance Plc, Mr. David Sobanjo, has affirmed the company‘s commitment to journalists’ welfare through the provision of group life assurance cover for them. In a statement from the company on Tuesday, Sobanjo said this during the presentation of the […]