By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s foremost conglomerate, BUA Group said on Sunday it has signed a deal worth $600 million with China’s leading cement manufacturing supplier, SINOMA CBMI to commence the construction of a second production line. BUA says the contract will enable it further double the capacity of […]
Business News
MTN Nigeria to go public in 2016
Sept 1, 2015/Daily Trust MTN Nigeria will become a Public Liability Company (PLC) in 2016. Accordingly, the company will list its shares on the floor of the Nigerian Stock Exchange (NSE) by way of public offer for purchase by interested members of the investing public. A seniour insider in MTN […]
Dangote Plans $400 Million Zimbabwe Cement Plant
Mon Aug 31, 2015/Reuters Africa’s richest man, Nigeria’s Aliko Dangote, said on Monday he plans to open a $400 million cement plant in Zimbabwe, a major boost for the southern African country that is desperate for foreign investment. The billionaire, whose business empire includes Dangote Cement, also said that he […]

