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Dangote Cement to hit London Stock Exchange

Africa’s biggest cement producer, Dangote Cement, plans to be listed on the London Stock Exchange in 2019. The company’s president, Aliko Dangote made this known...

Macron woos car firms as...

Reports say that French President has allegedly launched a charm offensive, targeting car firms with British operations, to advertise his country’s more business friendly environment. He action...

Dangote conglomerate emphasises role of SMEs

Dangote Group has said no nation can talk about economic development without acknowledging the role of Small and Medium Enterprises (SMEs). Mr Hashem Ahmed,  Senior Manager,  Dangote...

Investors force Unilever to retain HQ in London

Unilever has scrapped plans to move its headquarters to the Netherlands in the face of a British shareholder revolt. The revolt was carried out to...

Invest in stock, SEC tells Nigerians

The Securities and Exchange Commission (SEC) has charged Nigerians to key into the financial system and invest in the capital market.   The Director-General, Ms Mary Uduk, stated this...

Nigeria launches MSMD clinic, social investment inititative

Nigeria has continued the launch of its state-by-state pet social investment programme, National Micro, Small and Medium Enterprise (MSME) Clinic.     At the launch in Kaduna,...

Honda to invest $2.7b in General Motors

Honda Motor is to invest $2.75 billion and take a 5.7 per cent stake in General Motors’ Cruise self-driving vehicle unit.   The investment is spurred...

Nigeria losses $11.9b of ...

Nigeria is currently losing about $1.96 billion in customs revenue and an estimated $10 billion dollars on non-oil export because of poor business environment...

NCC focuses on education...

The Nigerian Communications Commission (NCC) has resolved to give  priority to the education of telecom consumers on their rights.   Prof. Umar Danbatta, Executive Vice Chairman, NCC,...

Emir Sanusi wants education of investors to boost capital market

The Emir of Kano, Alhaji Muhammadu Sanusi II, former Governor of Central Bank of Nigeria (CBN) has called on Securities and Exchange Commission (SEC)...

Industry bank gives $1.5b to manufacturers

Nigeria’s Bank of Industry (BoI) has offered $1.5billion to manufacturers and also those in the oil sector to boost content. The BOI’s Managing Director, Mr....

Africa should invest in port infrastructure

The African Maritime Administrations (AAMA) Conference held in Sharm El Sheikh, Egypt has ended with calls for investments in port and logistics infrastructure as...

Nigerians in U.S pledge to bring home their skills

Nigerian professionals in U.S. have expressed determination to bring back home their expertise and resources to develop the economic and other key sectors in...

IFC doubles investment in Kenya

World Bank’s private sector lending arm IFC has invested Sh20 billion in the financial year ending June 30, 2018 while projecting its total portfolio...

Core investors unsettle Nigeria Air

The last minute pull out of core investors forced Nigeria to suspend the establishment of a national carrier, Nigeria Air, information and culture minister...

Nigeria shifts priority to agriculture

The Federal Government has warned it would not repeat the mistakes of the past, especially the spending of $2.41 billion to import rice between...

AfDB wants global to solve hunger

The African Development Bank (AfDB) has called on global partners to join hands to lift one billion people worldwide out of hunger.   It said it...

AfDB, Liberia sign $87.8m donor road project deal

The African Development Bank (AfDB) and Liberian government are to sign a $87.87 million road project loan.   The agreement for the multi-donor project titled,  “Liberia/Cote...

First Abuja rail begins commercial service

The first Abuja metro line which was commissioned on July 12, by President Muhammadu Buhari has commenced commercial operation.   The metro line which had since...

Faulty transmission line puts Nigeria’s Northeast in darkness

The Transmission Company of Nigeria (TCN) has said the power outage in Bauchi, Gombe, Adamawa, Borno, Yobe and Taraba states was due to a...
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