Afriland Properties Plc has reported a profit after tax of N1.02bn for the year ended, December 31, 2017, representing 233 per cent increase compared to N307m reported in the corresponding period of 2016. The firm’s total assets…
The Managing Director/Chief Executive Officer, Afam Power Plc, Olumide Obademi, has announced that the $186m Afam III Fast Power project will be ready for inauguration next month. According to him, construction work on the plant, which targets…
The quest for building new regional synergies received a boost at the 13th Confederation of Indian Industry (CII) – EXIM Bank Conclave on India Africa Project Partnership. The Conclave which took place from 25-27th March 2018 in…
Olam International Ltd is on the verge of expanding its Agric business on the continent with the planned investment into fish farming in Nigeria and other African countries. Chief Operating Officer, Olam International, Shekhar Anantharaman, revealed this…
Sahel Capital, fund managers for the Fund for Agricultural Finance in Nigeria (“FAFIN”), and Coscharis Group, a Nigerian Conglomerate with interests across several sectors of the Nigerian economy, are pleased to announce that definitive agreements have been…
The Minister of State, Aviation, Sen. Hadi Sirika, says the Federal government will unveil transaction advisers for the establishment of national carrier, concession of airports and other projects to stakeholders on Thursday. Nigerian Airways grounded Sirika made…
March 20th, 2018, San Jose – Silicon Valley, CA – Nigeria is creating a much-needed synergy stimulating interests of foreign international investors. These investors want to look away, but they can’t resist. Nigeria has become a leader…
The Africa CEO Forum is the foremost annual meeting of the private sector in Africa where stakeholders meet to discuss, network and learn from success stories of the African private sector as well as dialogue and propose…
The United Bank for Africa (UBA Plc) has announced yesterday that its London subsidiary had obtained regulatory permission to carry out wholesale banking activities in the United Kingdom. Following the authorizsation, UBA is now the only sub-Saharan…
Cement Company of Northern Nigeria (CCNN) Plc has announced a dividend payment of N1.571 billion for the year ended December 31, 2017, which translates to 125 kobo per share. The dividend was contained in the audited results…