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Breaking News Fri, 27 Jan 2012
** FILE ** In this April 21, 2008 file photo, a Bank of America branch is shown in Charlotte, N.C. Escalating credit costs forced Bank of America Corp. to report a $2.39 billion fourth-quarter loss Friday, Jan. 16, 2009, hours after it convinced the federal government it needed a multibillion-dollar lifeline to survive the absorption of Merrill Lynch's hefty losses..
(photo: AP / Chuck Burton, file)
Optimistic investors tiptoe towards risk exposure
Independent online
While the UN warns of a second recession, Bank of America Merrill Lynch has a very upbeat view of the world. | Its January fund manager survey, released yesterday, said: “Global investors have started 2012 with a reawakened sense of optimism towards the global economy and greater appetite for ...
The UniCredit bank logo is seen on the bank's headquarters in downtown Milan, Italy, Sunday, Oct.5, 2008 as an extraordinary board meeting has been called for Sunday to discuss measures concerning its financial position
(photo: AP / Antonio Calanni)
UniCredit Gaining Investor Support for $9.6 Billion Rights Issue
The New York Times
| LONDON — Aabar Investments, an investment vehicle for Abu Dhabi’s sovereign wealth fund, said on Tuesday that it would increase its stake in Italian bank UniCredit to 6.5 percent from 5 percent after the Milan-based firm completes a so-called rights offering at the end of the month. The de...
Nigeria: Thrown into Chaos and a State of Civil War: The Role of the IMF
GlobalResearch
| Nigeria, Africa’s most populous nation and its largest oil producer, is from all evidence being systematically thrown into chaos and a state of civil war. The recent surprise decision by the government of Goodluck Jonathan to abruptly lift subsidie...
Association Urges SPDC to Provide Relief for Victims of Oil Spill
All Africa
Leadership (Abuja)-The Association of Medical Laboratory Scientists of Nigeria, Rivers chapter, has appealed to Shell Petroleum Development Company (SPDC) to provide relief materials for the victims of the Bonga oil spill in the state. | ...
Minimum Wage - Court Adjourns Enugu Govt's Suit Against NLC
All Africa
Leadership (Abuja)-The National Industrial Court, Abuja, has adjourned to Feb. 22 a suit filed by the Attorney-General of Enugu State against the Nigeria Labour Congress (NLC) and six congress officials asking them to call off the current strike by w...
Nasarawa Govt Plans to Partner Market Management to Improve Economy
All Africa
Leadership (Abuja)-Gov. Tanko Al-makura of Nasarawa State says the government will collaborate with the Abuja Market Management Limited (AMML) to effectively and efficiently put to use the Lafia Modern Market. | ...
Eight Strategic Factors to Consider in 2012
WN / Marzena Jazowska
Eight Strategic Factors to Consider in 2012
Pakalert Press
Share | by Strategic Studies   | Rarely in the past six decades has global context counted for as much in strategic forecasting — trend analysis — as it does at the dawn of 20...
Nigeria's new vice president Goodluck Jonathan signs the document of office after taking the oath of office in Abuja, Nigeria, Tuesday, May 29, 2007. Nigeria's new president Umaru Yar'Adua, second right, stands with Nigeria's former president Olusegun Obasanjo, right. A reclusive former governor hand-picked by departing President Olusegun Obasanjo was sworn in as Nigeria's new leader Tuesday in the first transfer of power from one elected government to another in Africa's most populous country.
AP / George Osodi
Nigeria lawmakers oppose president ahead of strike
The Wichita Eagle
| LAGOS, Nigeria — Nigerian lawmakers on Sunday turned against the president's decision to end government fuel subsidies that kept gasoline prices low, just ahead of a planne...
Minister, Senators Assure Citizens On Railway Rehabilitation Process
All Africa
This Day (Lagos)-The Minister of Transport, Senator Idris Umar, and members of the Senate Committee on Land Transport have assured eager citizens on the March 2012 completion date for the rehabilitation of railways in the country. | ...
Bulls Consolidate Hold On Stock Market
All Africa
This Day (Lagos)-The bulls consolidated their control of stock market Thursday lifting the Nigerian Stock Exchange (NSE) All-share Index by 0.84 per cent to close at 20,797.81 in the process. | ...
FEC Approves Procurement of Ferries for Water Transport, Others
All Africa
Nigeria First (Abuja)-The Federal Executive Council (FEC) has approved the sum of N623.5 million for the ministries of Transport and Interior to acquire two modern ferries and the automation of Citizenship and Business Department. | ...
Nigeria Business
The UniCredit bank logo is seen on the bank's headquarters in downtown Milan, Italy, Sunday, Oct.5, 2008 as an extraordinary board meeting has been called for Sunday to discuss measures concerning its financial position
(photo: AP / Antonio Calanni)
UniCredit Gaining Investor Support for $9.6 Billion Rights Issue
The New York Times
| LONDON — Aabar Investments, an investment vehicle for Abu Dhabi’s sovereign wealth fund, said on Tuesday that it would increase its stake in Italian bank UniCredit to 6.5 percent from 5 percent after the Milan-based firm completes a so-called rights offering at the end of the month. The deal would make Aabar the largest individual investo...



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2009.02.25
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