Latest data disclosed by Thomson Reuters predict that Nigeria’s net crude oil export is expected to crash to 1.72 million barrels per day by October. Reuters said while some cargoes would likely be added, the current plan stands at a five-month low, and was expected to remain slightly below September’s […]
Greg Abel, Berkshire Hathaway Energy chairman and CEO, and Warren Buffett, chairman and CEO of Berkshire Hathaway have insisted on its USD9 billion offer to acquire 80% of Oncor Electric Delivery Company LLC (Oncor) and will not be increasing its offer. The company said early last month that it agreed […]
The Board of Directors of Raytheon Company said it has elected Robert Work as a director, effective immediately. Work, 64, was appointed the 31st Deputy Secretary of Defense by President Barack Obama in 2014, a position he held through July 2017. “Bob is well known in both the public and […]
With a press release, you surely have something interesting to share with our readers and the rest of the world. We will offer you a good opportunity to share your stories. PageOne.ng charges USD100 for international press releases. We accept either Bitcoin or PayPal for payment. If you are paying […]
CI Financial and Sentry Investments announce that they have reached an agreement under which CI will acquire Sentry, combining two of Canada’s largest independent active asset managers. Under the agreement, CI will acquire all of the outstanding shares of Sentry and its subsidiary Sentry Investments Inc., for a total of […]
Details of cash and properties so far been traced to a former Minister of Petroleum, Mrs Diezani Alison-Madueke have been revealed by the Economic and Financial Crimes Commission (EFCC). In an article by two officers of its Public Affairs Directorate – Tony Orilade and Aishah Gambari, the former minister was […]
Andersen Tax welcomes Dave Anderton as a Managing Director in the Commercial Practice group. Dave will be providing Federal tax advisory, compliance, and provision services to clients primarily in the Portland, Oregon market. Dave has 28 years of experience in tax consulting. His experience includes a focus on multinational corporations […]
Ball Corporation announced today an agreement to repurchase approximately USD100 million of its outstanding common stock in a privately negotiated accelerated stock repurchase transaction with Goldman Sachs & Co. LLC, using cash on hand and available borrowings. Subject to certain conditions, the transaction will commence today and reduce Ball’s outstanding […]
SKF and BMW have settled their dispute pending before the High Court of Justice in London, United Kingdom, regarding damage claims resulting from SKF’s settlement with the European Commission for violation of European competition rules. BMW initiated this lawsuit against several bearing manufacturers, among them AB SKF, in November 2016. […]
The Procter & Gamble Company said it will not yield to Trian and its demands for a new member of its board of directors. The company said it will further cut digital advertising spend while focusing on to drive 2% to 3% organic sales growth in fiscal 2018 – a […]