Stocks sharply lower after Standard & Poor’s lowers outlook on US debt Francesca Levy, AP Business Writer NEW YORK (AP) — Stocks are sharply lower after Standard & Poor’s issued a warning on U.S. government debt. Fears about Europe’s debt problems are also pushing markets lower. The Dow Jones industrial […]

April 18, 2011 The Nigerian Breweries Plc (NB) is planning to acquire Sona Brewery in Ota, Ogun state and Life brewery at Onitsha, Anambra state. Already, the NB has begun discussion with Heineken NV (the owner of the companies) on the possibility of acquiring the two breweries, which it recently […]

By Ademola Alawiye There are indications that the banking sector may witness mergers and acquisitions of over eight banks at the end of the banking sector reforms. However, analysts say openness is key to the success of the transactions, writes Ademola Alawiye. The special audit by the Central Bank of […]