New Nigeria Development Company (NNDC) says it will invest 15 million dollars through a partnership with a Turkish firm to reactivate the collapsed Kaduna Textile company. The...
Promasidor Nigeria Limited has appointed Mr. Anders Einarsson as Managing Director. Einarsson, succeeds Mr. Olivier Thiry, who is now elevated to the Group as Chief Executive...
Nigeria’s Dangote Industries Limited sold a 2.3 percent stake in Dangote Cement to foreign investors on Tuesday in a stock market deal valued at 86.1 billion...
Nigerian Breweries (NB) published second quarter 2017 results showed that the brewer grew its sales by 12 per cent to N89.7 billion while profit before tax...
Holcim Nigeria has unveil plans to pass a resolution next month to dissolve the company after its Swiss-based parent firm merged with French rival Lafarge two...
The Federal Minister of Agriculture and Rural Development (FMARD), Chief Audu Ogbeh, has commended FrieslandCampina WAMCO Nigeria, makers of Peak and Three Crowns milk, for pioneering...
Pz Cussons Plc Board said that the overall performance of the group has been in line with its expectations. It said that the Group’s balance sheet...
Investment and Technology Promotion Office of the United Nations Industrial Development Organisation has said that it will work with Africa, and indeed Nigeria, to realise the...
Asset Management Company of Nigeria (AMCON), is close to selling Peugeot Automobile Nigeria (PAN) Ltd, to Aliko Dangote, and two state governments. “We have concluded...
Shareholders of Dangote Cement were full of praises for the Board, Management and staff of the company after approving the dividend payout of N144.8 billion, which...
Boeing Co said it has temporarily halted flights of its new 737 MAX aircraft due to an issue with the engine, which is jointly made by...
The Board of Directors of Nigerian Breweries Plc has appointed Mr. Johan Antonie Doyer as the Company’s new Managing Director/CEO. Mr. Doyer’s appointment takes effect from the...
LafargeHolcim, a French-Swiss cement-maker is being accused of funding Islamic terrorist. Lafarge is accused of paying, via third parties, local armed groups, including some designated as...
As part of measures to diversify its raw material sources in the bid to sustain growth and deliver superior value to stakeholders, Nigerian Breweries Plc plans...
In an effort to improve the quality of shoes made in Aba, Nigeria to international standard, Governor Okezie Ikpeazu and a Chinese company have concluded plan...