JOHANESBURG-The Nigerian Government and 14 of its ambassadors across the Asian countries held a strategic meeting in New Delhi, India, for the first time in over 50...
JOAHNESBURG-Sovereign fund Investment Corp of Dubai (ICD) has bought a 1.4 percent stake in Dangote Cement, Nigeria’s biggest company by market capitalisation, for $300 million, a...
JOHANESBURG-Guinness Nigeria Plc said, on Monday cut its dividend from the N7 share it paid out for the previous year to N3.20 per share after it...
JOHANESBURG-Transcorp Hotels, part of the Transcorp Plc conglomerate, has filed for an N8 billion ($49.3 million) initial public offering of 800 million ordinary shares of 50kobo....
JOHANESBURG-The Securities and Exchange Commission (SEC) on Monday said it had not made any profit since 2009 because of the downturn of economic activities in the...
LAGOS-Alibaba Group Holding Ltd., the e-commerce company whose fortunes surged along with China’s economy, plans a historic U.S. initial public offering that may also claim the...
LAGOS-Nigerian stocks ended in the black on Friday led by banking shares after news that two foreign investors had bought significant stakes in Ecobank and Union...
LAGOS-There are indications that trade between Nigeria and Britain has potential to hit 20 billion pounds by year 2020 if government remains proactive and encourage business...
LAGOS-The Nigerian Export Promotion Council, NEPC, has disclosed that, Nigeria realised $2.970 billion from non-oil export, in 2013 a 15.9 per cent increase over $2.561 in...
ABUJA-The Chairman of the Cement Company of Northern Nigeria Plc, Alhaji Abdulsamad Rabiu, has decried the high cost of electricity to power production equipment in his...
