World News

CBN begins restructuring of NSPMC, retires directors

The Central Bank of Nigeria has begun the restructuring if the Nigerian Security Printing and Minting Plc in line with the directive of President Goodluck Jonathan. To this end, the board of the company has approved the dissolution of the executive management of the Mint. It also directed the current […]

Shell Advances Nigerian Oil Field Sale to Meet $15 Billion Plan

Aug 27, 2014 Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, is advancing plans to sell four fields in Nigeria to meet a $15 billion asset-sales plan. The company “has signed sales and purchase agreements for some of the oil mining leases but not all that we are seeking […]

Global stocks gain on ECB stimulus hopes, U.S. economic data

Worldwide stock indexes rose on Tuesday and European bond yields fell on expectations of more stimulus from the European Central Bank, while strong U.S. data on durable goods and consumer confidence underpinned U.S shares. The benchmark S&P 500 topped the 2,000 mark, after first breaching that milestone on Monday, and […]