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Category: Bizness News


Over 30% of Dangote’s business empire in bad shape- report

Despite been ranked as one of the richest men in African by Forbes, most of Dangote’s investments scattered in several sectors of the Nigerian economy are struggling...


Dangote Cement: Analysts predict higher share price growth

Analysts at FutureView Financial Services Limited, an investment banking company in Nigeria, have projected that the share price of Dangote Cement Plc will soon hit a...

Inactive telephone lines now 40.4 million – NCC

The number of inactive telephone lines in the country has continued to increase and has hit the 40.4 million mark, the latest subscriber data released on Tuesday by the...


Excess crude Account: Govs Insist On Final Resolution From Supreme Court

  The 36 state governors, under the platform of the Nigeria Governors Forum (NGF) has decried the handling of Excess Crude Account by the Federal Government and...


Total moves staff out of Abuja

French oil major Total has moved its staff from the Nigerian capital Abuja following the kidnapping of a French national last month, Chief Executive Christophe de...


Access Bank Appoints Ndukwe Independent Director

Access Bank Plc has announced the appointment of Dr. Ernest Ndukwe to its Board as a Non-Executive Director. The appointment has been ratified by the bank’s board of...


Apple’s iPhone Disappointment: Fans Doubt on Growth

(Reuters) – Apple Inc missed Wall Street’s revenue forecast for the third straight quarter after iPhone sales came in below expectations, fanning fears that...


Toyota Wins Back World’s Top Auto Sales Crown from GM

Toyota Motor Corp regained the crown as the world’s top selling automaker in 2012, posting record-high sales and beating rivals General Motors and Volkswagen.


Societe Generale Bank Resumes Operations As Heritage Bank

Embattled Societe Generale Bank of Nigeria (SGBN) is set to resume operations under a new name, HeritageBank , following a regional banking licence granted by the...