Category: Business
AMCON denies plans to take over Dangote Refinery
Contrary to some reports that the Assets Management Corporation of Nigeria (AMCON) could take over the Dangote Refinery over debts owed by the Dangote [...]
Dangote emerges only Nigerian on Bloomberg’s top billionaires’ list
Africa’s richest man, Aliko Dangote has significantly moved up in the World billionaires’ list as his fortune increased to $17.8 billion as against la [...]
Sterling bank enmeshed in another fraud scandal
TVIO Solutions, a fintech company, has accused Sterling bank of allegedly stealing their intellectual property and have subsequently filed a N100 mill [...]
Dangote refinery, a business inspiration to private sector operators – Wale Tinubu
As efforts are being intensified for the imminent completion of the multi- billion dollars 650,000bpd Dangote Refinery in Lagos, the project has been [...]
Dangote salt introduces ‘The Dangote Salt Art Challenge 2021’
Dangote Salt calls for creative entries in the second edition of the Dangote Salt art challenge.
The opening date for the submissions is 1 st of Ju [...]
India social media app, Koo officially launches in Nigeria
Koo, an Indian microblogging and social networking app, has launched its operation in Nigeria.
Aprameya Radhakrishna, co-founder and chief executiv [...]
Dangote Sugar records strong growth in first half of 2021
Dangote Sugar Refinery recorded strong improvements in performance indices in half year ended June 30, 2021, as group revenue increased by 27.8 percen [...]
Dangote Cement posts resilient performance in first half 2021
Africa’s largest cement producer, Dangote Cement has announced resilient results for the six months ended 30th June 2021 as Group sales volumes hit 15 [...]
FCMB gets $50m from AFDB, increases lending to high impact business
Women empowered businesses and local enterprises involved in agribusiness, manufacturing, health care, and renewable energy will have access to long t [...]
AMCON finally takes over Jimoh Ibrahim’s NICON Insurance, Nigeria Reinsurance Corporation
The Asset Management Corporation of Nigeria AMCON, says it has taken over the major interests in NICON Insurance Limited and the Nigeria Reinsurance C [...]