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Business

AMCON takes over Deep Capital over N1. 6 billion debt

Riding  on the order of Hon. Justice J.T. Tshoho (as he then was) of the Federal High Court, Lagos division, which granted the Asset...

BUA to boost cement production with 3 million metic tonnes

     BUA Cement will establish a three million metric tonnes cement plant and 50 megawatts power plant in Guyuk and Lamurde Local Government areas of...

FG’s Domestic debt gulp N609.134 thrillion in three months

The Federal Government spent a total of N609,134,926,039.42 to service domestic debt between January and March 2020, the Debt Management Office (DMO), has revealed. A...

Coronavirus: Dangote Assists Presidential Taskforce in Testing Nigerian Returnees  

  …Gives food palliatives, cash to host communities nationwide As more Nigerians are being evacuated from abroad, the Dangote Group, through the Aliko Dangote Foundation (ADF)...

$1bn secret govt account: Malami debunks whistleblower’s claims on unpaid reward

Whistle-blowers are only paid after successful recovery not for mere tracing or exposure of suspected illegitimate funds, the Attorney General and Minister of Justice...

Federal Republic of Germany helps African Countries to maintain drought insurance in view of COVID-19

In response to the COVID-19 pandemic, the German government assumes premium payments of around EUR 19 million for the drought insurance offered by the...

African Economy Suffers Less Despite COVID-19 -Winkler, Editor Emeritus, Bloomberg News

Editor-in-chief Emeritus of Bloomberg News, Matthew Winkler has said that the African economy has suffered less than the world economy despite the COVID-19 pandemic. Winkler...

Former Gojek corporate comms lead heads to Unilever Indonesia

Unilever Indonesia has recently appointed Kristy Nelwan as head of communication. Nelwan (pictured) was most recently VP-head of corporate communications at Gojek, where she...

Dangote Owns The Obu-Okpella Mines

… As FG declares BUA’s mining leases non-existent The Management of Dangote Group on Monday denied the claim by the BUA Group to the mining sites...

Court restrains Dangote Industries from interfering with BUA Group’s operations of the disputed Okpella mining sites in Okpella, Edo State 

EDO – A Federal High Court in Benin City has restrained Dangote Industries and the Nigerian Police Force from interfering with BUA Group’s operations...