Business News

Insight: AOL banks on HuffPost to turn profitable next year

It’s the holiday season and Arianna Huffington, the influential woman behind the popular news website that bears her name, is busy buying sweaters – some 700 of them – as gifts to her employees. From brands like J.Crew and White + Warren, the sweaters are placed at the desks of […]

FG Commends Dangote Cement on Mining Initiative

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Federal Government of Nigeria (FGN) has commended the Dangote Group on its skills in the mining of raw materials for its cement production. According to a Statement from the Dangote Group and made available to InvestAdvocate over the weekend, Musa Mohammad Sada, Minister of […]

Zuckerberg to sell Facebook shares worth about $2.3 billion

Facebook Inc founder and CEO Mark Zuckerberg will sell 41.4 million shares worth about $2.3 billion to pay a tax bill, as part of an offering by the social network of 70 million Class A common shares. Facebook shares, which have doubled in value this year, were down 4 percent […]