Flour Mills of Nigeria plans to invest $1 billion over the next 3-5 years to fund growth and expand into West Africa, its vice chairman told Reuters on Friday. John Coumantaros said revenue for the manufacturer of products like pasta, flour, vegetable oil, livestock feed and also cement grew 11-15 […]
Capital Market
Facebook Turns 10: The Mark Zuckerberg Interview
By Brad Stone and Sarah Frier January 30, 2014 Mark Zuckerberg doesn’t usually observe sentimental anniversaries. This year he’s confronted by three of them. On Feb. 4, Facebook (FB), the company he co-founded in a Harvard University dorm, turns 10 years old. The prodigy himself turns 30 in May. It’s […]
Equities slide continues on profit-taking
Nigerian Equities fell on Thursday, extending a losing streak, which started on Monday to the fourth consecutive day. At the close of trading, a total of 37 stocks fell with just 16 recording price appreciation as against 46 losers and 11 gainers the previous day. Oando Plc was the top […]
