AdminJun 17, 20151 min readDangote eager to buy Arsenal after setting up oil refining businessThe Nigerian business magnate, who is adjudged to be the richest man in Africa, has in the past indicated interest in buying the English...
AdminJun 11, 20152 min readShareholders commend NASCON on diversificationSONY DSC With a dividend of N1.32 billion, culminating to 50 kobo per share due to every investor of the company for the 2014 financial...
AdminJun 8, 20153 min readDangote opens 2.5million mta production capacity factory in EthiopiaDangote, who was speaking shortly before the Prime Minister of Ethiopia, Hailemariam Dessalegn cut the tape to inaugurate the plant said...
AdminMay 20, 20153 min readDangote Cement boosts CSR projects for 16 Ibese host communities, announces 19 other projectsIn what is regarded as a major boost to the CSR profile of the leading cement manufacturers, the projects covered various social sectors,...
AdminMay 12, 20151 min readNCC blames poor GSM services on multiple taxation, othersJuwah, who made this known yesterday through the Director of Public Affairs of the Commission, Mr. Tony Ojobo, said, “Having gone through...
AdminMay 9, 20151 min readCourt orders Ecobank to pay former staff N8.5m for wrongful dismissalThe court made the order after considering evidences in a case of wrongful dismissal instituted by Abrah against the bank. The judge,...
AdminMay 9, 20154 min readFirst Deepwater vs Ecobank: DMO kicks against contempt chargeOn Tuesday, Ecobank Nigeria Limited accused the Director General of the Debt Management Office, DMO, Mr. Abraham Nwankwo, of frustrating...
AdminMay 7, 20153 min readMicrofinance bank operators debunk allegations of selective loaningThe operators debunked the claim in an interview with the News Agency of Nigeria (NAN). They said that their operations was moderated by...
AdminMay 4, 20152 min readFG faults N200bn subsidy claims by oil marketersMinister of Finance and Coordinating Minister of the Economy Ngozi Okonjo-Iweala, faulted the claims on Sunday in Abuja while briefing...
AdminMay 4, 20151 min readForeign investors withdraw N29bn from Stock Market in MarchThe figure represents 31.77 per cent increase on the N81.60 billion foreign portfolio investment (FPI) outflow from the stock market in...
AdminMay 4, 20151 min readDangote Cement production hits 30mn metric tonnes across AfricaSpeaking at the just concluded Kaduna International Trade Fair, Alh. Dangote said his conglomerate plans big for the African economy,...
AdminApr 29, 20152 min readBorno government spends N30b on modern Agric business to create jobHe spoke on Wednesday while inspecting the Green House Seedlings Multiplication Centre (GHSMC) established for modern farming in...
AdminApr 22, 20151 min readSeplat, FBN Capital and Nigerian Lenders close secured term loan, accordion facilities up to $1.4bnThe new facility, alongside a new US$300 million three year secured revolving credit facility provided concurrently by international...
AdminApr 21, 20152 min readLagos Government generated 47.5MW through IPP in six years – OfficialMr Taofiq Tijani, the state Commissioner for Energy and Mineral Resources said this at a news briefing at Bagauda Kaltho Press Centre on...
AdminApr 21, 20151 min read6,000 Nigerians will lose their jobs if we leave this country – MTNThis was made known by the company’s Head of Communications, Mr Wale Goodluck. He was reacting to protests by groups in Edo state and...
AdminApr 14, 20152 min readN1.1bn subsidy fraud: PPPRA confirms payment to oil marketersA Senior Research Officer in the PPPRA, Mr Mohammed Ghidi, made the disclosure while testifying at the trial of three oil marketers...
AdminApr 13, 20153 min readDangote taps into cement import ban in Cameroon, ramps up local productionThe assurance came in the wake of the formal launching of the Company’s high grade 42.5 cement type into the Cameroonian market after a...
AdminApr 8, 20151 min readCBN warns Nigerians against use of foreign currencies for domestic transactionsThis is contained in a statement signed by Alhaji Ibrahim Mu’azu, Director, Corporate Communications, CBN, in Abuja. “The attention of...
AdminApr 1, 20151 min readFidson Healthcare releases 2014 report, records over 300% in profit after taxThis saw the EPS increase from N0.10 in 2013 to N0.42 in 2014. Fidson grew its gross margin by 7%, from N5.1 billion in 2013 to N5.4...
AdminMar 27, 20152 min readUBA sustains growth momentum, grosses N290billion earnings in 2014In other indices, the Bank recorded a Profit-Before-Tax of N56.2 billion and a Profit-After-Tax of N48bn. Earnings received a boost from...
