Ethiopian Protesters Attack Dangote’s Factory Trucks and machinery belonging to the Dangote group was attacked by protesters in Ethiopia’s Oromia region. The attacks followed a deadly...
GSK Nigeria Completes Divestment of Drinks Bottling Business Glaxosmithkline Consumer Nigeria Plc has completed the divestment of its drinks bottling and distribution business to Suntory Beverage...
Africa Private Equity Funds Hit N500tr in First Half Africa private equity funds achieved a final close of $1.1 trillion, about N500 trillion, in the first...
SMEs Battle to Get Bank Loans, Raw Materials Small business operators have said high cost of raw materials is giving unfair advantage to foreign manufacturers.This is...
Nigeria, Libya Boost OPEC’s Crude Supply Organisation of Petroleum Exporting Countries (OPEC) crude production rose to a record in September, according to a Bloomberg survey. The...
Customs Seizes 117,034 Bags of Rice The Nigeria Customs Service (NCS), impounded 117,034 (50kg) bags of rice with duty paid value of N774,282,300 in the first...
FG Accused Shell of Crude Oil Theft FG Demands $406 million The federal government is demanding $406.75 million at the minimum from the Shell Petroleum Development...
Hilton Signs Agreement on 350-room Hotel Hilton Worldwide has announced the signing of a management agreement with a Nigerian firm, Quality Inspection & Testing Services Limited...
Caverton, Wema Bank, NEM Lead N21bn Market Loss The equities market, on Tuesday, recorded a loss of N21bn led by Caverton Offshore Support Group Plc, Wema...
The Federal Government is planning to borrow N105bn ($345m) in local currency — denominated bonds at an auction on October 12, the Debt Management Office has...