Nigeria considers selling naira-denominated bonds next year Nigeria, Africa’s biggest oil producer, faces a significant increase in financing needs as it struggles to boost ... FCMB launches payroll solution for SMEs The FCMB Payroll solution comes with exciting features th...
Nigerian billionaire Aliko Dangote has been named the richest person on the African continent for the 11th year in a row. According to Forbes Magazine, Dangote is worth an estimated $13.9 billion, up from $12.1 billion last year following a 30% increase in the stock price of Dangote Cement,...
Mr. Dangote quit Dangote Flour along with three other directors: Olakunle Alake, Asue Ighodalo and Arnold Ekpe. The Kano-born businessman became the minority shareholder in Dangote Flour Mills, with a 10 percent stake, after selling 65 percent stake to Tiger Bra...
Dangote Cement's latest financial report shows a decline in net assets of 17.7 per cent from N897.9 billion as of December 31, 2019 to N739.4 billion reported by the end of June this year. The company’s earnings per share were up 6.3 per cent to N...