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Lafarge Africa posts muted top line growth as revenue grew 8.3% y/y to N230.6bn amid increased construction activities in Nigeria

Charles Abuede   Lafarge Africa, a leading cement manufacturer in Africa has reported relatively weak revenue numbers for the full year…

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Nigerian staff in CMA-CGM, allege anti-labour practices by shipping logistics company

…Point French national as chief offender …Raise complain to Shippers Council     Ben Eguzozie, in Port Harcourt   Nigerian…

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GTBank in acquisition talks with Kenyan lender in continent-wide expansion drive

Awaits regulatory approval to transition into financial HoldCo by H1 2021   Charles Abuede   Nigeria’s biggest lender, Guaranty Trust…

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Nigeria’s harried Borno capital, Maiduguri, restored to national grid after insurgents’ attack

Ben Eguzozie, in Port Harcourt   Nigeria’s harried North-Eastern Borno State capital, Maiduguri, was finally restored to the electricity national…

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NLNG signs 5-yr MoU with USAID to eliminate malaria in Bonny island

…USAID via PMI to provide technical support …NLNG launched BNYMEP in 2019 …Malaria kills 0.3m Nigerians annually versus HIV/AIDS 215,000…

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SEC Re-introduces periodic registration renewal for CMOs to reduce unethical market practices

Charles Abuede   With a concerted effort aimed at bringing to the low the incidences of unethical practices by capital…

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Belgium may help NDDC design new Niger Delta master plan

…Initial plan expired in 2020 without leaving drawing board   Ben Eguzozie, in Port Harcourt     If both parties…

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Rivers, Nigerian oil-rich subnational awards N27.6bn contract for roads that tear through hard-to-reach oil communities

  Ben Eguzozie, in Port Harcourt Rivers, a Nigerian oil-rich subnational has awarded N27.6bn contract for a road that tears…

The bulls reign with price appreciations in DangCement, MTN, Stanbic to give investors N199.2bn

Charles Abuede   At the close of trading at the domestic equities market on Wednesday, the run-up in the prices…

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Afreximbank collaborates with NEXIM to offer project preparation financing for Nigeria’s exports

…To unlock investments in export manufacturing, agro-processing, solid minerals, ICT, others …Nigeria posts miserable performance in trade y-t-d    …

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