World News

Dangote Tasks African Leaders on Job Creation, Poverty Reduction

June 8, 2015/huhuonline.com ….Opens 2.5million mta production capacity in Ethiopia With a prospect of about 7000 job opportunities in Ethiopia, President of Dangote Group, Aliko Dangote at the weekend opened his 2.5million mtpa cement plant with a charge on African leaders to make environment conducive for the growth of real […]

Nigeria Buys Time to Boost Naira Liquidity on JPMorgan Reprieve

June 8, 2015/Bloomberg Nigeria’s new administration was given more time to inject life back into currency trading and avoid being cut from JPMorgan Chase & Co.’s emerging market bond indexes, tracked by more than $200 billion of funds. A decision on whether to remove Nigeria from JPMorgan’s GBI-EM indexes will […]

Deutsche Bank Appoints John Cryan to Replace Jain, Fitschen

June 7, 2015/Bloomberg Deutsche Bank AG named John Cryan as chief executive officer in a surprise revamp after Anshu Jain and Juergen Fitschen struggled to win investor backing for a strategy overhaul. Cryan, the former chief financial officer at UBS Group AG, will run the firm alongside Fitschen after Jain […]