LAGOS – Conoil Plc has said it recorded 255 per cent increase in profit after tax from N450.9 million in 2012 to N1.6 billion at as...
ABUJA – Dangote Cement Plc says its 2013 first half pretax profit surged by 52 percent to N107.7 billion ($670 million) from last year’s N70.8 billion...
LAGOS – Nigerian based mobile infrastructure company, IHS Tower, has secured N82.5billion (US$522 million) of debt and equity, led by new and existing lenders and shareholders...
ABUJA – The federal government will today commence the process of disbursing the N300 million capacity building fund for the Nigerian film industry. The Fund is...
ABUJA – Nigeria is getting a $1.1 billion low interest loan from China to help build infrastructure in return for access to minerals. The oil-rich West...
ABUJA – The naira firmed against the dollar on Wednesday as the Nigerian National Petroleum Corporation (NNPC) sold dollars, traders said. The naira closed at N161.1...
ABUJA – The Central Bank of Nigeria (CBN) has expressed dismay over the N11.7 billion spent yearly by the government for the importation of processed tomato...
JOHANNESBURG – Public Investment Corporation of South Africa (PIC), has bought 255,607,605 shares or 1.5 per cent of Dangote Cement Plc for N45.75 billion. PIC is...
LAGOS – The Naira fell to its weakest level in almost 10 months on the interbank market on Friday, driven down by strong demand for the...
ABUJA – Nigeria’s Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has said that N431 billion (about US$2.86 billion) will be saved annually when the...