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19 Mar 2015
Investment banks Credit Suisse and JP Morgan, lead managers for the issue, had initially approached the U.S. loan market for the $2.5 billion refinancing, but investors showed little interest despite the miner offering more than 400 basis points over the London interbank offered rate (Libor), market sources said.
JUWAH-NCC-BOSS
19 Mar 2015
On the pre-qualification criteria, the IM states that applicants in the allocation process will not be required as a pre‐qualification criterion to hold any telecommunications operational license in Nigeria.
19 Mar 2015
The Minister of Petroleum, Mrs Diezani-Alison Madueke had earlier at the conference, emphasised the need for both oil multinationals and indigenous operators to strategise for innovative funding in the wake of the recent plunge in crude oil prices.
18 Mar 2015
AS part of strategies to improve its market share in Nigeria and other West African countries, Vitafoam Nigeria Pc has unveiled plans to consolidate investments in its subsidiaries as well as harness opportunities in the sub-region following the reduction in the spread of the Ebola virus disease.
18 Mar 2015
WITH a contribution of 1.5 per cent to world’s manufacturing of value added goods, compared to other parts of the world, the African Union has stressed the need for Nigeria and other African countries to scale down the export of raw materials to developed countries.
18 Mar 2015
TO further drive federal government’s backward integration initiatives on rice, crude palm oil and fertilizer supply value chain, Elephant Group has sealed a pact with AfricInvest, to achieve the objectives.
18 Mar 2015
THE Nigerian Institute of Oceanography and Marine Research (NIOMR) has unveiled Catfish Canning Innovation Platform (CCIP) to improve the catfish value chain, as a concept that represents a paradigm shift in fish production.
18 Mar 2015
CHIEF Olusegun Osunkeye, will retire voluntarily as Chairman of Lafarge Africa Plc from the conclusion of the 2015 yearly general meetng, having served as a Director for 14 years, five out of which was as Chairman of the Board of Directors.
18 Mar 2015
The board of Ashakacem Plc has announced the successful completion of its mandatory tender offer to minority shareholders, as majority of the shareholders accepted the offer and converted their Ashakacem Plc shares to Lafarge Africa Plc’s shares.
18 Mar 2015
A strategic diversification of the economy, with focus on manufacturing and agriculture, holds the ace in salvaging the nation’s economy from the pangs of oil price volatility and naira devaluation, the Group Executive Director of Dangote Group, Devakumar Edwin has said.
18 Mar 2015
The conclusion of the promotion saw the emergence of Ifeanyi Ejiofor who emerge as the firm’s top winner in the promotion, driving away a brand new Hyundai Accent 2014 model.
18 Mar 2015
U.S. manufacturing output fell in February for the third straight month as automobile production tumbled, pointing to slower economic growth in the first quarter.

Latest

25 mins ago
Three top Nigerian presidential candidates signed a "peace" deal meant to ease tensions during campaigning for the 2023 election, though the ruling party flag-bearer was absent from the ceremony.
30 mins ago
The Nigeria Customs Service (NCS) Command in Katsina, said it collected a revenue of N124.9 million from August to date.
1 hour ago
The Chief of Army Staff, Lt.-Gen. Faruk Yahaya, says the Nigerian army is ever ready to stand in harm’s way to accord Nigerians the safety, security and comfort that they deserve.
1 hour ago
President of the Senate, Ahmad Lawan, says he won’t appeal against the judgement of the Federal High Court, Damaturu, which disqualified him from the Yobe North Senate Seat of the National Assembly in the 2023 poll.
1 hour ago
Christian and Muslim religious leaders under the aegis of the Interfaith Dialogue Forum for Peace (IDPF) have called on political parties and candidates in the forthcoming 2023 general elections to ensure issue-based campaign and dismantle all structures that entrench hatred and electoral violence in the country