Elliott Investment Management Pushes For Honeywell Break-up, Citing $5 Billion Stake
Elliott Investment Management has called for Honeywell break-up, citing $5 billion stake and potential 51%-75% share price boost.
Elliott Investment Management has called for Honeywell break-up, citing $5 billion stake and potential 51%-75% share price boost.
Trade minister Jumoke Oduwole has said that retaining domestic investment in Nigeria will be prioritised for economic competitiveness
Bitcoin has surged close to $90,000 as investors anticipate favourable policies under the crypto-supportive Trump administration.
The FG has overseen the signing of a $3.5bn agreement between BFI Group and CNCEC to revive the ALSCON plant.
The NNPC has announced an end to petroleum importation, transitioning fully to local supply through the Dangote Refinery.
Martins Arogie has cautioned that decentralising regulatory control over Nigeria’s power grid won’t automatically resolve underlying sector challenges.
Aviation Minister Keyamo has led a delegation to inspect Prime Atlantic Safety Services, highlighting government support for aviation safety standards.
BMI has predicted that naira will reach N1,993/$ by 2028, impacting Nigeria’s pharmaceutical industry’s ability to import medical devices.
NACCIMA President Oye has criticised high interest rates, noting that they discourage entrepreneurship and hinder Nigeria’s economic growth.
KPMG had supported Nigeria’s efforts to incentivise oil sector, emphasising the need for a competitive $20 benchmark price.
Ghana’s crude oil production rose by 10.7% in early 2024, marking the first increase after five years of decline.
Aviation Minister Festus Keyamo held a summit to address local insurance challenges for airlines, aiming to ease operational burdens
CBN Governor Olayemi Cardoso has outlined the apex bank’s ambitious goals for economic reform, including $1 billion monthly remittance targets.
Afreximbank President Oramah has been honoured with Mohammed Barkindo’s Lifetime Achievement Award for advancing Africa’s oil, gas, and energy sector.
China anticipates renewed tensions with Trump, focusing on critical issues including trade disputes, technological competition, and Taiwan relations.
Three oil marketers have argued that Dangote refinery’s alleged monopoly is a recipe for disaster that could harm Nigeria’s economy
NCDMB has proposed an annual FID week to fast-track oil and gas projects and increase Nigeria’s crude oil production.
Chevron has revealed plans to expand exploration acreage in Nigeria and Angola, to revive production despite years of decline in both.
Vitol, Trafigura, and BP have become key fuel buyers from Dangote refinery, significantly impacting petroleum trading dynamics across Africa.
Pinnacle Oil has refuted Dangote Refinery’s claims that it deceitfully sought to blend its imported products with Dangote’s high-quality products.
© 2023 Arise News - Part of the Arise Media Group.