May 4, 2015/Reuters Nigeria’s Dangote Cement said it will begin production in Tanzania in August, as sub-Saharan Africa’s leading cement producer eyes new markets on the continent. A $500 million factory it is building in southern Tanzania, with an annual capacity of 3 million tonnes, will double the country’s annual […]

The shares of Ikeja Electricity Distribution Plc and the Ibadan Electricity Distribution Plc can now be traded on the NASD Plc’s over-the-counter market. This followed the admission of both companies and seven others by the NASD OTC for trading. The NASD said the development had increased the number of tradable […]

Fri May 1, 2015/Reuters Another day, another shock for investors in social media stocks. Shares of LinkedIn Corp, operator of the most popular social network for professionals, fell 20 percent in early trading on Friday, wiping out more than $6 billion of market value, after the company slashed its full-year […]