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Unilever buys Alberto Culver for $3.7 billion

LONDON (Reuters) – Consumer goods giant Unilever Plc/NV (ULVR.L) (UNc.AS) on Monday said it had agreed to buy United States-based hair care group Alberto Culver Co (ACV.N) for $3.7 billion in cash to boost its personal care business.   The Anglo Dutch group’s acquisition will add brands such as V05, […]

NSE admits new securities on official list

By Udeme Ekwere   Monday, 27 Sep 2010     The Nigerian Stock Exchange has admitted three new securities on its Daily Official List.   According to the weekly report of the Nigerian Stock Exchange for the week ended September 24, 2010, the securities are the N50bn Bayelsa State Government […]

Group blames economic woes on corruption

  By Matthew Ojebola   Monday, 27 Sep 2010     THE Saving the Economy of Nigeria Campaign Group has attributed the poor performance of the economy to high level of corruption.   The body, at a forum in Lagos on Friday, said the economy would be resuscitated to a […]