Business

MTN, Airtel To Sell More Africa Cell Towers

MTN Group Ltd., Bharti Airtel Ltd. And Orange SA are planning to sell mobile tower networks in Africa, the latest examples of telecom operators looking to reduce exposure to costly infrastructure in the region, according to people familiar with...

Euro Soft As Yields Slip, China Spending Talk Aids Stocks

The euro was wallowing near three-week lows in Asia on Friday as speculation intensified that the European Central Bank might ease policy further, while reports Beijing would fast track infrastructure spending supported Asian shares. China's Premier Li Keqiang was quoted...

Ford Investing $500 Million To Make New Engine At Ohio Plant

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Ford Motor Co (F.N) will spend $500 million and create 300 jobs to upgrade an Ohio engine plant to make the new 2.7-liter six-cylinder EcoBoost engine for its best-selling F-150 pickup trucks, the company said on Friday. The 2015 F-150...

Microsoft CEO Signals New Course With Office For iPad

Microsoft Corp's new Chief Executive Officer, Satya Nadella, finally unveiled Office for Apple Inc's iPad in a polished debut that set him apart from his energetic predecessor while signaling his plans to make mobile apps the top priority at...

2013 Results: Dangote Cement Sells 13.3m Tonnes; Pays N7 Dividend

BEVERLY HILLS, CA, March 27, (THEWILL) – Leading cement manufacturer, Dangote Cement Plc has declared its 2013 financials recording an upsurge in its Nigerian sales volume to the tune of 13.3million tonnes leading to a 40.6 per cent increase...

Alstom Shares Sink On Threat Of Big Fine In U.S. Bribery Case

Shares in Alstom fell on Thursday on the prospect that the French engineering firm could face hefty penalties from the U.S. Justice Department in a bribery probe focused on Asia. Alstom is cooperating with the U.S. Department of Justice on...

U.S. Government To Sell Most Of Ally Financial Stake

The U.S. government plans to sell the bulk of its stake in bailed-out auto lender Ally Financial Inc, to raise up to $2.66 billion. A successful initial public offering will cut the U.S. Treasury's stake to 14.1 percent from 36.8...

Euro, Peripheral Bond Yields Fall On ECB Easing Debate

The euro fell on Thursday and peripheral European government bond yields hit their lowest levels in years as speculation grew that the European Central Bank may ease monetary policy soon. Emerging market stocks edged higher and Ukraine's sovereign government bonds...

Yahoo Japan Says To Buy eAccess From SoftBank For $3.2 Billion

Yahoo Japan Corp said on Thursday that it would buy mobile and broadband provider eAccess Ltd from its parent SoftBank Corp for 324 billion yen ($3.17 billion) in a bid to expand its services for tablets and smartphones. SoftBank, which...

Banks In Chinese City Show Stacks Of Cash To Reassure Depositors

Rural banks in China's eastern city of Yancheng stacked piles of cash in plain view behind teller windows to calm depositors queuing at bank branches for a third straight day on Wednesday following rumors that they had run out...
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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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