By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-World soap and detergent makers, Unilever Overseas Holdings B.V. has opened its offer to increase its equity stake in Unilever Nigeria Plc from 50.10 percent up to a maximum of 75 percent, according to as Reuters brief. According to the brief, the offer provides shareholders […]

Thu May 7, 2015/Reuters Alibaba Group Holding Ltd (BABA.N) named a new chief executive on Thursday, as the Chinese ecommerce group’s blistering growth faces headwinds and less-lucrative mobile transactions surpassed those from personal computers for the first time. Alibaba said Chief Operating Officer Daniel Zhang would on May 10 replace […]

Wed May 6, 2015/Reuters Shell has declared force majeure on exports of Nigeria’s Forcados crude oil stream, a spokesman for the company said on Wednesday. It declared force majeure on the evening on May 5 following “a series of leaks” in the Trans Forcados pipeline that brings the oil to […]