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Guiness Nigeria Plc appoints new CEO

Guinness Nigeria Plc. has notified The Exchange that following the meeting of its Board of Directors on Thursday, 26th April 2012, Mr. Devlin Hainsworth, the Managing Director/CEO of Guinness Nigeria Plc. will, effective 1 July 2012, assume the role of CEO and Group Managing Director of East African Breweries Limited, […]

SEC starts probe of Chesapeake CEO’s well stakes

The Securities and Exchange Commission has opened an informal inquiry into Chesapeake Energy Corp’s controversial program that granted Chief Executive Aubrey McClendon a share in each of the natural gas producer’s wells, a source familiar with the matter said on Thursday. That inquiry, being led by the SEC’s office in […]

DMO sells N90bn in bonds

The Debt Management Office on Thursday said it had sold N90bn ($572.70m) worth of debt paper, maturing in 2014, 2017 and 2022, at its regular auction, with mixed returns on the bonds. The debt office specifically said it had sold N20bn in the bond due to mature in March 2014, […]