Chukwuemeka Obioma
Five-year high consumption seen for cement, but manufacturers Dangote, LafargeHolcim, BUA to go head to head in places
2018 may trigger a return to growth cycle for cement producers in Nigeria as cement consumption is likely to see…
Kenya Airways to revive long-shelved expansion plans with 10 Boeing aircraft buy
Kenya Airways Plc. has proposed to buy up to 10 Boeing Co.737 Max aircraft, a move which if successful will…
Chellarams sales decline worsens as rising costs take toll amid stiff competition
In its financial report for the full year ending 31 March 2018, released lately, Chellarams, a diversified conglomerate with special…
Zinox to hit goldmine if Nigeria’s e-commerce company, Konga, achieves $4bn projected valuation
Zinox Technologies Limited, the Leo Stan Ekeh controlled original technology equipment manufacturer (OEM) and integrated ICT company, which acquired Nigeria's…
Dangote plans cement grinding plants across West Africa, pays shareholders 90% of 2017 profits as dividends
Dangote Group, the conglomerate controlled by Africa's richest man, Aliko Dangote, is planning to build a number of cement grinding…
IBM develops ground-breaking project debater
IBM announced that it has developed a machine capable of debating issues and playing active roles in major conversations. The…
Tesla’s planned Europe Gigafactory could end up in Germany, says Musk
U.S. electric car manufacturer, Tesla, has tipped Germany as the location for its first European massive factory, its chief executive,…
Ford courts Volkswagen in strategic alliance
Ford and Volkswagen are in early talks about jointly developing a range of commercial vehicles. The two car giants said…
Bombardier’s African market foray hanging in balance over Angola’s president’s comment
In a recent campaign to promote the Q400 planes for underserved markets in Africa, Bombardier's foray into the African market…
Nigeria’s Ajaokuta Steel Plant engines steam again after 4 decades
Barely four decades after its redundancy, the Ajaokuta steel plant worth over $7.5 billion dollars with an estimated production capacity…
The Daily Newsletter
