Carlos Slim, the telecommunications tycoon who controls Mexico’s America Movil SAB (AMXL), is the richest person on Earth, according to the Bloomberg Billionaires Index, a daily ranking of the world’s 20 wealthiest individuals. The 72-year-old’s net worth fell $478.4 million in a day to $68.5 billion as of the close […]

Vitafoam Nigeria Plc’s expansion and diversification programmes have received a boost with the International Finance Corporation’s recent granting of a “soft loan” of $2.8m (N436.8m) facility to Vitafoam Sierra Leone Limited, a subsidiary of Vitafoam Nigeria Plc. The Chairman of Vitafoam Nigeria Plc, Chief Samuel Bolarinde, who dislosed this at […]

The Nigeria’s naira strengthened marginally against the U.S dollar on the interbank market on Monday, but weakened at the official window as strong demand for the greenback built up at the bi-weekly foreign exchange auction, traders said. The naira closed at 157.90 to the dollar on the interbank, firmer than […]