By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) on Monday said it has signed a production sharing contract with the Nigerian National Petroleum Corporation (NNPC). Transcorp in a notice to the Nigerian stock exchange (NSE) said the production sharing contract (PSC) with the NNPC is for […]
Business News
Etisalat Agrees to Sell West Africa Businesses for $650 Million
Emirates Telecommunications Corp., (ETISALAT) the United Arab Emirates most valuable listed company, agreed to sell businesses in six West African countries to Maroc Telecom for $650 million. The Abu Dhabi-based company, known as Etisalat, is selling operations in Benin, Central African Republic, Gabon, Ivory Coast, Niger and Togo, it said […]
Barclays’s Stephenson Leaves for UBS as Departures Mount
UBS AG (UBSN), Switzerland’s biggest bank, hired Ros Stephenson from Barclays Plc (BARC) to be global chairman of corporate client solutions, reporting to Andrea Orcel, the investment bank’s chief. Stephenson, based in New York, will join the executive committees of the investment bank and the Americas starting in September, according […]
