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Sainsbury's make £1.3billion offer for Milton Keynes-based Home Retail Group

SUPERMARKET giant Sainsbury’s have officially made a £1.3billion bid for Milton Keynes-based company Home Retail Group, which owns Argos.

The cash and shares bid values Argos at 161.3p per share, and is Sainsbury’s second bid for HRG, after an initial bid was turned down in November. 156 more words

News

2016 budget is achievable - Udoma

The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, has assured that the 2016 budget was be achievable in spite of falling oil price. 362 more words

BUSINESS AND ECONOMY

Textile stakeholders urge FG to ban import of foreign fabrics

Zamfara based Textile industry expert on Sunday urged the Federal Government to ban import of foreign fabrics to revive the nation’s ailing textile mills. 297 more words

BUSINESS AND ECONOMY

6 Years of Growth could spell Trouble

Real estate and other markets have been on s fantastic run, the last 6 years. Most markets have made a full recovery from the previous down-turns. 483 more words

Buhari repeating same economic blunder he made as military ruler– The Economist

The Economist has warned that Nigeria’s president, Muhammadu Buhari is making an economic blunder by refusing to devalue Nigeria’s currency, the naira. 673 more words

NEWS

Despite Buhari’s anti-corruption fight, Nigeria still ranks high on TI’s corruption index

Nigeria is still a very corrupt country going by the latest ranking by Transparency International that puts the most populous black nation at 136 of 168 countries. 325 more words

NEWS

FG to make N66.1bn from stamp duty on bank customers accounts in 2016

The Federal Government is targeting an additional N66.1 billion revenue in 2016 from an imposed stamp duty of N50 on bank customers for money received into their accounts. 704 more words

BUSINESS AND ECONOMY