Oct 29, 2014/Reuters Sanofi’s (SASY.PA) board ousted its chief executive of six years at a special meeting on Wednesday, two days after it emerged he had fallen out with the French drugmaker’s chairman, wiping more billions off its market value. The management turmoil comes at a particularly awkward time for […]

The Will/Oct 28, 2014 President Goodluck Jonathan Tuesday approved Mr. Bernard O.N. Otti, as the new Deputy Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), a new position created “In furtherance of ongoing efforts to transform the Nigerian National Petroleum Corporation (NNPC) into a commercially-driven entity”, a statement […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Global lender, the International Monetary Fund (IMF) said on Friday it has amended the rule for setting the Special Drawing Right (SDR) interest rate by introducing a floor of 0.050 percent (5 basis points) and changing the rounding convention for calculating the SDR interest rate […]