Nigerian Stock Exchange Wednesday lifted the full suspension placed on shares of Cadbury Nigeria Plc, following the conclusion of the company’s capital reduction exercise.
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Equities edged up on Tuesday as the Nigerian Stock Exchange closed on a positive note for the second straight session this week.
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Ericsson has signed a five-year managed services agreement with MTN, a leading telecommunications company with presence in 21 countries in Africa and the Middle East, for its Nigeria operations.
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The Consumer Protection Council (CPC) yesterday came down hard on Coca-Cola and the Nigerian Bottling Company, (NBC) with a threat of severe sanctions after it found the companies wanting on product quality.
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The Managing Director, Asset Management Corporation of Nigeria, Mr. Mustafa Chike-Obi, on Monday said the agency would pay N1.6tn as interest on the N4tn used to purchase the bad loans that led to the collapse of some banks in the country.
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he Central Bank of Nigeria (CBN) Tuesday said it has no plan to close down 600 microfinance banks (MFBs).
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Hyundai Motor Company, one the world’s foremost vehicle manufacturers, has associated with a regional conglomerate, Stallion Group, to manufacture Hyundai passenger and commercial vehicles in Nigeria from April 2014.
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John Nottingham and John Spirk are the most successful inventors you’ve never heard of, with a can’t-lose business model that would make Edisonblush. The closest thing in America to Thomas Edison’s New Jersey laboratory is a decommissioned Christian Science church in Cleveland. It’s here that John Nottingham, John Spirk and their team of 70 inventors, tinkerers and support staff have cooked up the Swiffer SweeperVac, Crest Spinbrush, Dirt Devil vacuum and nearly 1,000 other patented products.
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The Dangote Group has said it will not compromise on the quality of its products, including cement.
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Wong Choihing, a former long-haul truck driver, has become a billionaire as shares of Chinese trade center developer Hydoo International Holding Ltd. (1396) leaped more than 70 percent since its debut in October. Shares held by Wong and his family members are worth more than $1.1 billion, according to the Bloomberg Billionaires Index. They own about 60 percent of the company, according to Hong Kong stock-exchange filings. The 61-year-old chairman of Hydoo has never appeared on any wealth rankings.
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