The crème de la crème in Nigeria’s banking and finance industry as well as Africa’s richest man, Aliko Dangote, gathered at the weekend in a frontal display of wealth at a private birthday ceremony in Jamaica organised by the Central Bank of Nigeria’s Governor, Godwin Emefiele SaharaReporters learned that the …
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Chairman/Chief Executive Officer of BUA Group, Abdul Samad Rabiu has said that in spite of over 40 per cent recent rise in the price of cement in Nigeria, the country still retains the most affordable pricing for the commodity in Africa. He stated while speaking fielding questions from newsmen in …
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Lagos State Governor, Mr Akinwunmi Ambode on Thursday said that investors willing to do business in the agric sector in the State can be rest assured of a ready market and returns on investment as the daily consumption of food items in the State is worth over N3billion daily. The …
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President of the Dangote Group, Alhaji Aliko Dangote, has vowed to crash the price of fertilizer before the end of next year, so as to boost agricultural production and guarantee food security in the country. Speaking at a forum in Abuja, Dangote said Nigeria’s fertilizer production would rise by about three …
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Latest ranking of the world’s richest people by Forbes has shown that oil tycoon and Nigerian Business mogul, Femi Otedola‘s net worth has plunged from $1.8 Billion to $550 Million as recession beat down a massive drop in the stock price of Forte Oil, the Nigerian Stock Exchange-listed petroleum marketing company. As …
Read More »A Chinese state-owned engineering company, Sinoma, in partnership with Dangote Cement company, has signed a deal worth $4.3bn to build Cement factories in Nigeria. The Chinese company also plans to build seven plants across the continent and one in Nepal. The new factories are expected to add around 25 million …
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