Updates

Goldberg Fuji t’o Bam: 40 artistes qualify for quarter final

June 24, 2016/ TPT International In its continued determination to raise the bar for Fuji music, Goldberg Lager Beer, a product from the stable of Nigerian Breweries Plc has through its Fuji t’o Bam talent hunt competition screened over 400 aspiring Fuji artistes out of which 40 have scaled the […]

Exclusive: Nigeria’s Dangote shifts focus from cement to oil and gas

Fri Jun 24, 2016/Reuters By Alexis Akwagyiram Africa’s richest man, Aliko Dangote, plans to launch Nigeria’s first private crude oil refinery by 2019 while almost doubling his cement production on the continent by adding plants in eight countries as he shrugs off a regional economic downturn. Dangote told Reuters the […]

Diamond Bank Lowered To ‘B-/C’ On Reduced Earnings and Rising FX Liquidity Risk

June 24, 2016/S & P Global Ratings Culled—-Proshare Diamond Bank has a tight capital position and faces heightened foreign currency liquidity risks due to a lack of access to dependable sources of foreign currency funds. Earnings stability is vulnerable to the economic headwinds in Nigeria and pressure on the Nigerian […]