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Tag - dangote

30
Nov

BUSINESS NEWS BRIEF – NOVEMBER 30, 2015

PUNCH Dangote builds N7bn diagnostic centre in Kano Africa’s richest man, Aliko Dangote, through his Dangote Foundation, is building a N7bn state-of-the-art operating theatre and diagnostic centre at the Murtala Muhammad Specialist Hospital in Kano.[Read More…] Transcorp Ughelli Power changes name Transnational Corporation of Nigeria Plc has announced the successful merger of its two power subsidiaries, …

18
Nov

BUSINESS NEWS BRIEF – NOVEMBER 18, 2015

PUNCH Dangote Flour shares plunge after Tiger Brands’ decision The share price of Dangote Flour Mills Plc fell by 9.54 per cent to N2.41 on Tuesday, a day after Africa’s richest man, Aliko Dangote and three other directors quit the company’s Board.[Read More…]  Mining industry set for resurgence Nigeria’s solid minerals endowment though still unfamiliar to …

29
Oct

BUSINESS NEWS BRIEF – OCTOBER 29, 2015

  THISDAY MTN to Review Nigerian Management After N1.04tn Fine MTN Group Limited is reviewing its senior management in Nigeria after Africa’s largest phone company was fined N1.04 trillion ($5.2 billion) by the country’s telecommunications regulator for failing to disconnect customers with unregistered SIM cards, according to a person familiar with the matter.[Read More…] FG Targets …

28
Aug

BUSINESS NEWS BRIEF – August 28th,2015

VANGUARD Buhari approves 65 licences for private refineries President Muhammadu Buhari has granted licences to 65 Nigerian companies to construct modular refineries..[Read More…] DAILY TRUST Low oil price: Nigeria’s revenue drops by N2.2tr in 6 months The value of Nigeria’s export of crude oil dropped by N2.2 trillion in the first half of 2015, a …

27
Aug

BUSINESS NEWS BRIEF – August 27th,2015.

PUNCH FG records N52.3bn shortfall in revenue The drop in the prices of crude oil in the international market again took its toll on the federation account as the gross revenue into the account declined by N52.36bn from N485. 95bn received in June to N433.58bn in July.[Read More…] Nigeria faces decline in oil demand from …

18
Aug

Business News Brief – August 18th,2015.

LEADERSHIP Dangote To Address Global Tech Start-ups Africa’s richest man and chairman of Dangote Group, Alhaji Aliko Dangote, will address a global audience at the 2015 edition of DEMO Africa on September 24-25, 2015, in Lagos, the chairman of the local organising committee (LOC), Yele Okeremi, has confirmed..[Read More…] Nigerian International Debt Fund To Pay …

3
Aug

Business News Brief – August 03, 2015

DAILY INDEPENDENT External Reserves Rise By $2.27b In July Latest data by the Central Bank of Nigeria (CBN) at the weekend showed that the nation’s external reserves pool improved by $2,270.437 million or 7.82 per cent, to $31.270 billion on July 29, from $29.00 billion the end of previous month.[Read More…] PUNCH N2.32tn NLNG dividend …

31
Jul

Business News Brief – July 31, 2015

PUNCH US agency to train Dangote Oil Refinery workers The United States Trade and Development Agency has signed a $997,447 training grant with Dangote Oil Refining Company to develop critical human capacity resources necessary to successfully operate and maintain Dangote’s Greenfield petroleum refinery situated in Lagos.[Read More…] Shell’s production in Nigeria falls by 28% Shell …

fake richard mille
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