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The Coca-Cola Company has announced a new streamlined international structure for the purpose of aligning its operating units against its global bottling footprint and to promote and develop key Coca-Cola leaders. According to Coca-Cola’s Chairman and Chief Executive Officer, Muhtar Kent; “Today’s announcement outlines important changes to our international operating structure that better support our […]Read More

Average Exchange Rate of the Naira Source: Central Bank Of Nigeria The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.

Nigerian Banks are rallying today after yesterdays face saving and redeeming move by the CBN to adopt a flexible Foreign Exchange (FX) regime. Gains are being led by Financial stocks with the Bloomberg banking index up 6.5% in today’s trading alone. The positive for banks from a flexible FX regime are huge, although there are […]

In these tough times, where companies are closing shops and banks stuttering as a result of an economic slowdown, Financial Derivative Company Limited (FDC), a renowned investment house, have placed a Buy ratings on the stocks of United Bank for Africa (UBA). This is because the lender with 19 branches spread across Sub Saharan African […]

The Deflategate scandal is beginning to strike some as getting a little long in the tooth, particularly owing to the fact that the entire scandal revolves around the PSI of a football, but it looks like it will continue on. While probably everyone is tired of this scandal, no one is quite as frustrated as […]

The Supreme Court rejected a challenge to Virginia’s court-imposed redistricting yesterday, ruling that three Virginia Congressmen could not show that they were harmed by the new plan. The ruling brings an end to a long-standing dispute over Virginia’s congressional districting which arose after a federal district court ruled in 2012 that the state’s redrawn congressional […]Read More

Ah, law school summers. Those long days on the beach and care-free nights, finding young love in the sand dunes. Actually, that’s the start of “Grease,” not a law school summer. When you’re in law school, summer tends to mean one thing: work. And you should be focused on work in the summers! Summer clerkships, […]Read More

For his role in a tire recycling scheme gone bad, Paul Musgrave was convicted of four counts of white collar crime. His punishment? Essentially no punishment at all. Despite a sentencing guideline range of 57 to 71 months’ imprisonment, the district court ordered Musgrave to serve a day in jail, with a day’s credit for […]

Jared Fogle, the disgraced former Subway pitchman, is attempting to reduce his sentence by pushing an argument that’s sure to cause a stir: sex fantasies with minors cannot support an enhanced sentence. It’s an argument that some legal analysts regard with some skepticism, particular when seen in context of the rest of Fogle’s conduct, some […]Read More

Associate attorneys occupy a strange area in the law firm hierarchy. As far as clients are concerned, one lawyer is the same as the next: they charge too much. But there’s much more to the whole associate makeup than just that overly abridged characterization. Part of the problem is that associates are considered by most […]

FG Will Soon Enforce Cabotage Act To Encourage Private Investors The Minister of Transportation, Mr Rotimi Amaechi, has said that the Federal Government will enforce the Cabotage Act, to attract private investors into the nation’s shipping industry. Amaechi, while fielding in questions at the forum of the News Agency of Nigeria in Abuja, yesterday, said […]

Nigeria’s Oil Falls 21,000 bpd As Eni Declares Force Majeure Italian oil major, Eni, yesterday declared force majeure on 21,000 barrels per day Brass River crude oil stream, translating to revenue losses by Nigeria and other equity stakeholders valued at N411.6 million ($2.058 million) in two days. A spokesperson for Eni said in a mail […]Read More