Investment Corp of Dubai (ICD), the state fund which holds stakes in some of the emirate’s top firms, has agreed to buy a $300 million stake in top Nigerian cement producer Dangote Cement, a
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Three Nigerian students create multi-million dollar job site
September 4, 2014 Comment Off 97 ViewsBUSINESS KNOW HOW: The three students behind Nigeria's online jobs giant, Jobberman WHILE MOST students see a teacher strike as a chance to miss lectures without getting told off, three
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Nigerian King Tells US Investors Nation is Open for Business
August 30, 2014 Comment Off 46 ViewsWhen Oba (King) Adedotun Aremu Gbadebo visited Detroit this week to meet with local business leaders and promote development projects in Nigeria, all were eager to hear more about the array of
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Business group frowns at US dictatorial price policy under AGOA
August 21, 2014 Comment Off 44 ViewsFourteen years after the introduction of the African Growth and Opportunity Act (AGOA) by the US government to facilitate trade with the continent, a Nigerian business group has frowned at a
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Stallion Delivers Made-in-Nigeria Hyundai Cars
August 16, 2014 Comment Off 520 ViewsHyundai Motors Nigeria Limited has said it started phased delivery of low-priced made-in-Nigeria cars that were assembled at the company’s plant in Lagos to its provisional dealers nationwide last
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Nigeria, Pakistan sign $1bm trade deals
June 11, 2014 Comment Off 56 ViewsNigeria and Pakistan have signed a series of agreements to increase the value of their trade to at least $1 billion within the next five years.In the presence of journalists in Abuja on Tuesday, the
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RwandAir to begin direct flights to Abuja
June 11, 2014 Comment Off 108 ViewsRwanda is to start direct commercial flights to the Nnamdi Azikiwe International Airport in Abuja, a senior official of the country’s flagship airline disclosed on Tuesday. Mrs Fifi Rurangwa, the
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BonluckBus Nigeria Begins Operation
February 15, 2014 Comment Off 67 ViewsAn affiliate of a Chinese auto company, BonluckBus Nigeria Limited has unveiled new luxury-style Bonluck buses and coaches in Nigeria and Africa. The company which commenced operation recently is
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Nigeria’s Dangote Cement climbs
June 12, 2013 Comment Off 27 ViewsNigeria's biggest listed firm Dangote Cement briefly rose 2.38 percent to 215 naira ($1.34) on Tuesday, but gains were quickly reversed to close flat at 210 naira, Reuters data showed.The volatile
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Airtel records losses in Africa
May 2, 2013 Comment Off 96 ViewsIndia’s top telecoms company Bharti Airtel said Thursday its net quarterly profit halved in its final financial quarter to March, hit by fierce competition and punishing interest
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