Business News

Tunisia Calls for Expression of Interest for Acquisition of 50.52% Majority Stake in Carthage Cement S.A

January 15, 2018/Al Karama Holding Object of the Call for Expression of Interest The Tunisian State and Bina Corp (the “Sellers”), the controlling shareholders of Carthage Cement S.A (www.CarthageCement.com.tn) (the « Company » or « Carthage Cement »), have decided to proceed, through a public tender, to the sale of majority stake (50.52%) in […]

Court Nullifies Order Approving Interim Management Of 9mobile

14/1/2018/The Will The Federal High Court, sitting in Ikoyi, Lagos, has nullified the ex parte order approving the appointment of an interim board for Nigerian telecom operator, Emerging Markets Telecommunications Service, EMTS, Nigeria’s fourth largest telecommunications service operator, which until last year was operated as Etisalat but now runs as […]

AMCON Critical to Aero’s Rebirth, Return to Viability-Aero CEO

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Captain Ado Sanusi, the managing director (MD) and CEO of Aero Contractors on Friday at the Roll-Out of the First Successfully conducted Boeing 737-500 C-Check in Nigeria said the Asset Management Corporation of Nigeria (AMCON) under its MD Ahmed Kuru played critical roles that […]