Nigeria’s biggest company by market capitalization, Dangote Cement (DANGCEM.LG), expects to double its cement production capacity across Africa this year to 40 million metric tons ( 44.092 million tons), its chief executive said on Monday. Devakumar Edwin told the Reuters Africa Investment Summit in the commercial hub of Lagos that […]
Author: InvestAdvocate
West African economies need integration: Ghana president
West Africa needs to lower tariffs, enable freer movement of goods and services, and deepen integration of its 15 countries to promote growth, Ghana’s President John Mahama said at the Reuters Africa summit. Mahama, who last month took over as chairman of the Economic Community of West African States (ECOWAS), […]
Nasir Umar Resigns from Transcorp
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-One of Nigeria’s largest conglomerates, Transnational Corporation of Nigeria Plc (Transcorp) Monday announced the resignation of Alhaji Mohammed Nasir Umar from its Board. In a notice to the Nigerian stock exchange (NSE) Transcorp said that sequel to its board of directors’ (BODs) meeting held on […]
