Category: Business

United Bank for Africa Plc (UBA) has extended US$700 million (N113 billion) in funding to different investors towards the acquisition of power assets in Nigeria’s recently privatized power sector. Phillips…

Nigeria’s foremost conglomerate, Dangote Industries Ltd is to invest $300 million (N50 billion) in rice production to make the country, self sufficient in rice production and also stop importation of…

Members of the Organised Private Sector (OPS) have described as unprecedented the institution and implementation of some economic policies of the federal government which have helped in reviving the hitherto…

Aliko Dangote, Africa’s richest person and the President of Dangote Group, one of the continent’s largest conglomerates is estimated to have added a whopping $9.2 billion during 2013 outgone year.…

The focus of Dangote Group in empowering the youth and making them believe in themselves was well applauded by the Government of Cross Rivers State over the weekend, when the…

First Bank of Nigeria Ltd, Nigeria’s leading customer centric bank, has restated its unwavering commitment to continually work with Cross River State and other relevant government agencies, in the execution…

Pan African conglomerate, the Dangote Group has said that its donation of N50 million to the 2013 Lagos Count Down, a project of the state government, was meant to stimulate…

The management of Dangote Sugar Refinery Plc (DSR) has said the company will employ thousands of Nigerians in its proposed sugar plantations to be sited in Sokoto, Kebbi, Jigawa, Taraba,…

Nigeria’s Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has been elected as Alternate President of the Organisation of Petroleum Exporting Countries (OPEC) for one year, at the 164th meeting of…