Business News

Sterling Bank Sponsors Ogun State Investment Forum, AMAA Awards

Press Release Determined to sustain its stake in the agricultural sector as a leading lender and support its continued growth, Sterling Bank has supported the second edition of Ogun State Investment Forum. The Forum holding in the state capital, Abeokuta at June 12 Cultural Centre, between May 21 and 22, […]

AT&T makes bet on video with $48.5 billion DirecTV bid

AT&T Inc plans to pay $48.5 billion to buy DirecTV, in the latest sign that the wireless industry and the U.S. television market are set to converge as customers consume more video on their mobile devices. The deal, announced on Sunday, highlights AT&T’s pressing need for fresh avenues of growth […]

Deutsche Bank to Raise $11 Billion as Qatar Taking Stake

Deutsche Bank AG (DBK), Germany’s biggest bank, is preparing to raise about 8 billion euros ($11 billion) by selling shares to shore up capital as it gains the Qatari royal family as a shareholder. Deutsche Bank plans to raise about 6.3 billion euros in a fully underwritten rights offer, and […]