Other News

CME Group Launches CME FX Link
Global

CME Group Launches CME FX Link

CME Group, has announced that it will launch spot foreign exchange (FX) basis spreads called ‘CME FX Link’ on CME Globex, CME Group’s electronic trading platform. This will create the first ever central limit order book between the over-the-counter (OTC) spot FX and CME Group FX futures markets. It is […]

WPP’s digital agency Wunderman acquires majority stake in Pierry
Global

WPP’s digital agency Wunderman acquires majority stake in Pierry

WPP’s  wholly owned global digital agency Wunderman has acquired a majority stake in Pierry, Inc. (“Pierry”), an industry-leading marketing software integration and solutions company specializing in optimizing campaigns on the Salesforce Marketing Cloud. Pierry’s revenues were USD14.5 million for the period ended December 31, 2016. Clients include LifeLock, Louisiana Tech […]

Kwabena Ayirebi appointed Director at Afreximbank
Global

Kwabena Ayirebi appointed Director at Afreximbank

The African Export-Import Bank (Afreximbank) has appointed Kwabena Ayirebi, as Director, Banking Operations. Mr. Ayirebi, a Ghanaian national, joins the Bank from the HSBC, MENA, where he served variously as Senior Executive, Global Banking and Commercial Banking; Managing Director, Regional Head of Trade and Receivables Finance; Global Head of Business […]

Tambuwal Wants NNPC to Explore Oil in Sokoto Basin
Energy

Tambuwal Wants NNPC to Explore Oil in Sokoto Basin

Sokoto State Governor, Rt. Hon. Aminu Waziri Tambuwal, has appealed to the Management of the Nigerian National Petroleum Corporation (NNPC), to activate oil and gas exploration campaign in the Sokoto Inland Sedimentary Basin with a view to establishing the volume and value of hydrocarbon deposits there. Governor Tambuwal who led […]

Mike Foley retires as CEO Zurich Insurance North America
Global

Mike Foley retires as CEO Zurich Insurance North America

Zurich Insurance Group (Zurich) has confirmed that Mike Foley will retire from Zurich after a decade of impactful leadership as Chief Executive Officer of Zurich North America. He will be succeeded as CEO by Kathleen Savio (U.S. citizen, 1965), currently President of North America’s Alternative Markets unit. The change will […]

Seven Group Holdings announces USD375 million equity raising
Global

Seven Group Holdings announces USD375 million equity raising

Seven Group Holdings Limited has announced that it is conducting a fully underwritten USD375 million placement of ordinary shares to institutions and sophisticated investors and a non-underwritten Share Purchase Plan (“SPP”) to raise up to approximately USD25 million. According to a statement by Seven Group Holdings, The Equity Raising is […]