Africa’s richest man Aliko Dangote said his Dangote Group would join the ranks of the world’s biggest 100 companies within three years as he invests in cement, agriculture and oil refining across the continent. “We are targeted now to be one of the 100, in terms of ranking, global companies […]
Business News
Cement industry attracts $8bn new investments – Aganga
Nigeria’s cement industry has attracted additional investment worth $8bn, driven largely by the implementation of the Federal Government’s Backward Integration Policy, according to the Minister of Industry, Trade and Investment, Mr. Olusegun Aganga. The minister, who said this during a meeting with the Indian business community in Lagos on Wednesday, […]
British soapmaker Cussons spooks investors with currency hit
British soap and shampoo maker PZ Cussons said its first-half performance was hurt by weak emerging market currencies that showed no signs of improving, prompting a fall in its shares as some analysts cut their full-year forecasts. Cussons, the maker of Imperial Leather soaps, nevertheless posted a 7.9 percent rise […]
