Exxon Mobil Corp.’s Nigerian unit partnered with 12 lenders in the nation to make $8.6 billion available to its contractors, helping them fulfil obligations to the world’s biggest oil producer by market value. The financing will give Exxon Mobil’s contractors “better and quicker funding options to execute their contracts speedily,” […]
Business News
Nigeria: 8,000 Engineers to Be Trained for Dangote Refinery
President of the Dangote Group of Companies, Alhaji Aliko Dangote, said in Lagos yesterday that over 8,000 Nigerian engineers would be trained at the $9 billion proposed Dangote Refinery. At the formal introduction of Dangote to the communities in the Lekki Free Trade Zone by Governor Babatunde Fashola, the business […]
Google to own $750 million Lenovo stake after Motorola deal closes: HK exchange
Internet search company Google Inc will own a 5.94 percent stake in China’s Lenovo Group Ltd worth $750 million once Lenovo’s deal to buy Google’s Motorola handset division closes, according to a disclosure on the Hong Kong stock exchange. Google would take 618.3 million Lenovo shares at $1.213 per share, […]
