Category: Business

Shareholders of United Bank for Africa (UBA) Plc have approved the internal restructuring and reorganisation of the capital of the Bank and its members in compliance with the Central Bank…

An excess supply of cement in the market has forced the management of Dangote Cement Plc to temporarily close down its Gboko Plant, which has the capacity to produce four…

Headed by Sayyu Dantata, half-brother of business magnate, Alhadji Aliko Dangote, MRS has been unable to raise money in Nigeria ever since the Central Bank of Nigeria (CBN) forbade banks…

Billionaire Nigerian businessman and President of Dangote Group, Alhaji Aliko Dangote, has emerged the winner in the master category of the Ernst &Young Entrepreneur of the Year 2012 in the…

Ace banker, former chief executive officer of Zenith Bank and current chairman of Quantum Luxury Properties Limited, Jim Ovia, has signed a multi-billion naira hospitality deal with the global hotel…

For the second year running, Nigerian businessman, Alhaji Aliko Dangote has been listed as Africa’s richest man, in the latest ranking of the continent’s billionaires and millionaires released by renowned…

Efforts at offering relief to victims of recent flooding across the country received a boost yesterday when prominent Nigerians and institutions made donations into a special Fund set up by…

Inspite of efforts by government towards encouraging investors, Nigeria still ranks low in terms of competitive investment environment, as investors are leaving the country in droves due to insecurity. Nigeria’s…