Tue Feb 9, 2016/Reuters Nigeria’s decision to collect government payments in one bank account will help limit state borrowing, reduce payment delays and curb corruption, its finance minister said on Monday. Last year, President Muhammadu Buhari ordered the merger of state accounts into one “single treasury account” at the central […]
Tag: InvestAdvocate
Global stocks hit the rocks after Asian markets slump
Tue Feb 9, 2016/Reuters By Alistair Smout A drop in bank shares kept European shares under pressure on Tuesday, after losses in Asian markets sent investors scurrying for safe havens. After a choppy morning, the pan-European FTSEurofirst 300 .FTEU3 flattened out, having touched its lowest levels since October 2014 in […]
Dangote Starts Construction of New 9 million Tons Capacity Cement Plants in Okpella, Itori
In a deft move to consolidate on its leadership in the cement sector, Dangote Cement Plc has announced the commencement of the construction of new cement plants in two communities in the country. The new plants are expected to add 9 million metric tonnes per annum to the company’s current […]
