Browsing: Business Matters

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General Electric has signed a deal with a Nigerian bank to invest $350 million in Nigeria’s ailing power sector, the country’s trade and investment minister said on Friday. Olusegun Aganga said the deal between the US conglomerate and Stanbic Bank would…

The long search for a new CEO—begun when current Microsoft boss Steve Ballmer announced his impending retirement back in August—may soon be coming to an end. A post on Re/code today cites “numerous sources close to Microsoft” as confirming that…