Business News

BUA Divests From Flour Milling Business In $275m Deal

January 11, 2015/Leadership By Blessing Anaro BUA Group has announced the divestment of its flour business to Olam International in a deal worth $275million. Speaking at the signing ceremony over the weekend, billionaire industrialist and founder, BUA Group, Abdulsamad Rabiu, said: “This signing marks a major milestone in our medium […]

Olalekan Saliu Exits Flour Mills as Company Secretary

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Flour Mills of Nigerian Plc (FMN) on Tuesday announced the retirement of Olalekan Saliu as company secretary with effect from Thursday December 31, 2015; while he remains on FMN’s board as a non-executive director, the company said in an issuer’s announcement with the Nigerian Stock […]

Elumelu Foundation Calls on Women Entrepreneurs as TEEP Application Portal Opens

By InvestAdvocate Lagos (INVESTADVOCATE)-The Tony Elumelu Entrepreneurship Programme (TEEP) on Thursday called on women entrepreneurs to participate in its second annual edition as the application portal opens January 1, 2016. Parminder Vir, chief executive officer (CEO) of the Tony Elumelu Foundation, made a call for an even broader participation in […]