By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Top two (2) world Cement producers, Lafarge and Holcim said on Thursday they have appointed Eric Olsen future chief executive officer (CEO) of LafargeHolcim in a merger expected to complete in July 2015. The board of directors of both cement producers said Olsen 51 […]
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Dangote, Saipem Announce Joint Venture In Central And West Africa
April 1, 20105/The Will Africa’s leading indigenous conglomerate, Dangote Industries Limited, has announced a multi-million dollar Joint Venture Agreement with Saipem, the Italian engineering and construction giants. The agreement has given birth to a new company named Saipem-Dangote E&C. According to a statement from Dangote Group, the company, Saipem-Dangote E&C, […]
MTN Shares Gain Most in Five Years After Peaceful Nigerian Vote
April 1, 2015/Bloomberg MTN Group Ltd., Africa’s biggest wireless operator, increased the most in almost five years after former military ruler Muhammadu Buhari won a largely peaceful vote in Nigeria, the South African company’s biggest market. The shares advanced as much as 6.6 percent, the most since May 2010, and […]
