Ebun Francis || Nigeria inflation rate dropped for the seventh consecutive time to 16.01% according to figures released by the National Bureau of Statistics (NBS) on Friday. According to the…
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Category: Business
Dangote bids for South African cement company
Dangote Cement, a member of Dangote group has approached South African cement producer, (PPC), for takeover bid, but talks are at preliminary stages, Media reported on Thursday. PPC is already…
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The era of cheap petrol is here, says Kachikwu
Ebun Francis || Dr Ibe Kachikwu, Nigeria’s Minister of Petroleum Resources on Thursday predicted that the era of cheap petroleum has arrived for Nigerians. The minister made the forecast while…
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5,000 farmers not enough to supply tomato to Dangote’s factory
Five thousand Tomato farmers are unable to provide enough tomatoes for the $20 million tomato producing factory owned African richest man and President of Dangote Group, Aliko Dangote. Reuters reports that…
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How Zenith Bank leverages on securities, forex to boost profitability in H1 2017
…profit soars 112% Alabingo Finance Report || In spite of the lull in the Nigerian economy, Zenith Bank Plc took advantage of the stability in foreign exchange market, revenue from…
Read More How Zenith Bank leverages on securities, forex to boost profitability in H1 2017