SIMOG scores BUA high on sugar industry BIP implementation
Lafiagi Sugar Company (LASUCO), the 20, 000 hectares sugar estate owned by BUA Group has been rated highly in the recently concluded
Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition
The battle to acquire 9Mobile, Nigeria’s fourth largest telecoms operator, has heated up, with ten out of sixteen firms that submitted
African construction boom lures cement giants to circle PPC
South Africa’s biggest cement maker, PPC Ltd., is an unlikely candidate for a takeover battle. The supplier of building materials
Flour Mill of Nigeria announces equity raising through rights issue, medium-term notes
Flour Mills of Nigeria Plc has announced intent to raise equity through the issuance of rights and medium-term notes. In a statement
Nigeria’s Dangote withdraws bid for South Africa’s cement maker, PPC
Nigeria’s Dangote has withdrawn his takeover bid of South Africa’s cement maker PPC. PPC said Friday that Nigeria’s Dangote
DANGCEM buoys Nigeria equities index 0.55% as Nigerian stocks slip out of bear market
Nigerian stocks slip out of its bear market trading Thursday as the bourse’s benchmark index rose 0.55 percent, chiefly helped by
Dangote sells 2.3% stake in Dangote Cement for N86.1bn at 5.5% discount to foreign interest
Africa’s richest man, Aliko Dangote, has sold 2.3 percent stake in Dangote Cement to foreign buyers in a stock market deal
Buying interest in Dangote, Julius Berger, Access, UBA lifts market as index rise 1.9%
Nigeria’s equities market continued its bullish run Monday, closing positive with the benchmark index appreciating by 1.86 percent to
Zenith, Dangote Cement late rallies fail to lift Nigeria’s equities from bear zone
Late rallies from Zenith Bank, Transcorp, Dangote Cement and Sterling Bank helped Nigeria’s equities market turnover to close positive
Moody assigns Nigeria’s Dangote Cement Ba3 corporate family rating
Moody’s Investors Service has assigned a first-time Ba3 corporate family rating (CFR), Ba3-PD probability of default rating and