CVC Capital Partners is divesting from Ethniki Insurance with a return of almost 100%, valuing the insurer at 670 million euros, against €505 million it was valued at when it was acquired from National Bank. Last week it became official that CVC Capital Partners is in exclusive talks with Piraeus Bank for the concession of…
Gambian law enforcement agencies have dismantled a major cannabis cultivation and trafficking network in the country’s west, seizing over 200 packets of cannabis and three undeclared firearms. The Drug Law Enforcement Agency of Gambia (DLEAG), in collaboration with the Police Intervention Unit (PIU), carried out the operation at dawn on Saturday in Nyangbolong village, West…
The Federal High Court, Lagos, has ruled that the Federal Competition and Consumer Protection Commission (FCCPC) has the legal authority to oversee competition and consumer protection within the telecommunications industry. The ruling delivered by Justice F.N. Ogazi, marks a significant moment in Nigeria’s regulatory landscape, affirming that the Nigerian Communications Commission (NCC) does not hold…
Detained leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu, has called on his supporters to refrain from begging for his release, asserting that his quest for self-determination is a constitutionally protected right and not a criminal offense. Speaking through his lawyer, Aloy Ejimakor, Kanu emphasized that his release is a matter…
The largest sovereign wealth fund in the world is increasingly strengthening its Greek asset holdings, providing a strong vote of confidence in the prospects of local securities. Norges Bank Investment Management, which essentially invests Norway’s state funds, has invested 820 million euros in Greek companies, with investments in 41 securities, with Trade Estates set to…
