Business News

UBIC ADSs Upgraded to the NASDAQ Global Select Market

UBIC, Inc. (UBIC) (TSE:2158), a leading provider of Asian-language eDiscovery solutions and services, announced today that the listing of its American depositary shares (“ADSs”) was transferred to the Global Select Market, NASDAQ’s highest market tier. The NASDAQ market has three tiers: the Global Select Market; the Global Market; and the […]

Etisalat hires Standard Bank for Nigeria tower sale – sources

Etisalat, the Gulf’s top telecom operator, has hired Standard Bank as an advisor for the planned sale of transmitter towers by its Nigerian affiliate, three banking sources aware of the matter said. Etisalat Nigeria is considering a sale of its towers in a deal that could raise about $400 million, […]

Dangote’s $400m Zambian cement factory ready in February

Dangote Group is set to complete the process of establishing a cement factory estimated at $400m in Zambia. The Nigerian High Commissioner in Zambia, Mrs. Sifawu Momoh, who gave the indication, said the cement factory would be ready in February. She said the establishment of the factory was part of […]