Despite the global financial crisis, which erupted in 2008 that is yet to abate in Europe and United States of America, estimates from the World Bank has put offshore remittances to Nigeria at $21.0 billion (N3.3 trillion). The World Bank estimates, which was quoted by FBN Capital, is consistent with […]
Tag: Offshore
Transocean says Icahn acquired 1.56 percent stake, seeks more
Transocean Ltd (RIG) has disclosed that billionaire activist investor Carl Icahn has acquired a 1.56 percent stake in the offshore rig contractor and is looking to increase that holding. Icahn is seeking regulatory approval to acquire shares worth more than $682.1 million, according to a statement on Transocean’s Web site. […]
