As the debate over the quality of cement produced in the country rages, leading manufacturers, Dangote Cement Plc, on Monday launched yet another higher grade- the 52.5N into the Nigerian market. Group Managing Director of the company, Devakumar Edwin told newsmen in Lagos at a media parley that Dangote Cement […]

GlaxoSmithKline (GSK.L) said on Monday it had paid 64 billion rupees ($1.05 billion) to increase its stake in its Indian pharmaceuticals unit to 75 percent, as it banks on rising demand for medicines in emerging markets. Britain’s biggest drugmaker first announced plans to lift the holding in GlaxoSmithKline Pharmaceuticals (GLAX.NS) […]

Pan-African lender Ecobank will hold a board meeting on Tuesday in the Cameroonian capital Yaounde two weeks after an injunction blocked a similar meeting that would have discussed the position of chief executive Thierry Tanoh. Ecobank is one of the largest financial institutions in sub-Saharan Africa with a presence in […]