Category: Business

National Salt Company of Nigeria (NASCON), a member of the Dangote Group, has declared its financial results for the year ended December 31, 2012, posting an impressive turnover of N13…

Excited at the siting and potential economic benefits of a new cement plant to his country, Prime Minister of Tanzania, Mizengo Pinda has commended the President/Chief Executive of Dangote Group,…

Nigerian billionaire businessman and Africa’s richest man, Aliko Dangote has scored another first with the announcement by Forbes that he is now worth $20bn while the stock value of his…

Charity and aid have failed Africa and its leading entrepreneurs are now driving the continent’s development agenda.This was the sentiment of Tony Elumelu’s speech, described by many as “powerful,” which…

As part of its effort in tackling environmental problems bedeviling Nigeria, the Dangote Group has partnered with the ministry of environment and sponsored the 9th National Council on Environment. A…

The total value of electronic funds transfer in Nigeria has risen to N80 billion per day, the Central Bank of Nigeria (CBN) has said. This, according to the apex bank…

The Directorate of Petroleum Resources (DPR) has dismissed report of existence of killer gas in the market just as the stakeholders in the gas industrial sub sector have expressed the…

United Bank for Africa (UBA) Plc today announced its audited financial results for the full year 2012 growing its profit figures by over 905% to close at N54.8billion from the…

Dangote Cement Plc has released its first quarter results for 2013 indicating a 79.5 per cent rise in its earnings per share over the corresponding period last year. The company’s…

The Dangote cement’s massive investment in new capacity has paid off as it recorded upsurge in sales of its locally produced cement to the tune of 10.4 million tonnes in…