Business News

Guinness Nigeria Says Diageo will not Increase Equity Stake

October 4, 2016/NSE Guinness Nigeria Plc (“Guinness Nigeria”) hereby notifies the general public that  further to its announcement on 9 September 2015 of Diageo plc’s (“Diageo”) intention to  make an offer through its wholly owned subsidiary Guinness Overseas Limited for up to 15.7% of the share capital of Guinness Nigeria […]

Rwanda Development Board announces investment opportunities in the Kivu Belt, hotbed for luxury, leisure tourism

According to tourism statistics, the industry registered more than US $ 340m in revenues in 2015 indicating a 10% increase from 2014 October 4, 2016/Rwanda Development Board The Rwanda Development Board (RDB) (www.RDB.rw) today held a press conference to announce the Africa Hotel Investment Forum that is happening in Kigali, […]

Hilton Expands Presence in Nigeria with Signing of Hilton Lagos Airport

Murtala Muhammed International Airport Location for New Hilton Hotels & Resorts Property as Hilton Doubles its Presence in Africa October 4, 2016/Hilton Worldwide Hilton has announced the signing of a management agreement with Quality Inspection & Testing Services Limited to open a 350 guest-room and suite hotel at Lagos’ Murtala […]