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Monthly Archives: March 2015

Shortage supply of dollars

Most firms in Nigeria seeking to utilise and remit US dollars overseas are finding it extremely difficult to purchase FOREIGN EXCHANGE due to the shortage of supply of the greenback in the economy, THISDAY has learnt. According to findings, some firms now resort to the black market for dollar purchases. …

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Julius Berger mulls partnership with power sector investors

Construction giant, Julius Berger, has said it is considering potential partnerships with credible investors willing to invest in the upgrade of Nigeria’s electricity supply systems. Julius Berger, like General Electric (GE), which has staked claims in Nigeria’s emerging electricity industry with investments in capacity upgrade and technology transfer, has indicated …

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Raheem Sterling given warning by Liverpool legend John Barnes after turning down £100,000-a-week contract

Former Liverpool winger John Barnes has warned Raheem Sterling about setting his ambitions too high, too soon. The 20-year-old is currently locked in contract negotiations with the Reds after rejecting what manager Brendan Rodgers described as an “incredible” offer, reportedly £100,000-a-week. His current deal is not due to expire until …

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