$19bn petrochemicals plant earn Aliko Dangote, award from Afreximbank
Written by Kunle Awosika
22 June, 2023
President of Dangote Group, Aliko Dangote was on Monday night recognized and given the “Founder of the Year 2023” award by the African Export-Import Bank (Afreximbank) at an award ceremony held by the bank in in Accra, Ghana.
BUA Foods to maintain rice prices across Nigeria, restates commitment to supporting Local Rice Farmers for Food Security
Written by Kunle Awosika
21 June, 2023
In a remarkable display of commitment to the Nigerian agricultural sector and the economy, BUA Foods has informed distributors of its rice products that it would maintain prices of its BUA Rice to support efforts at making rice more affordable in Nigeria.
The “Doing Business” Podcast by FairMoney: Unleashing Nigerian Entrepreneurship
Written by Kunle Awosika
14 June, 2023
Running a small or medium-scale business in Nigeria presents a multitude of challenges for entrepreneurs. From limited working capital and intense competition from larger corporations to difficulties in sourcing raw materials, low capacity utilization, and a lack of effective management strategies, the obstacles seem endless.
Investors harvest 140% return from Dangote Cement by Godfrey Obioma
Written by Kunle Awosika
12 June, 2023
Investors who took positions in Dangote Cement’s stock in 2020 and exited June 31, 2023 harvested 140.26 per cent returns through capital appreciation and 11.11 per cent in H1- 23. This excludes dividend payment which has remained consistently impressive.
FG suspends CBN governor, Godwin Emefiele
Written by Kunle Awosika
09 June, 2023
President Bola Tinubu has suspended the Central Bank Governor, Godwin Emefiele, from office with immediate effect.
Tingo Group: A By-Standers Verdict in the Face of Controversy
Written by Seunmanuel Faleye
08 June, 2023
In the world of business, success often comes with scrutiny and challenges. Tingo Group, fintech and agro-tech conglomerate with presence in Africa, Southeast Asia, and the Middle East, led by Dozy Mmobuosi, recently found itself embroiled in a contentious controversy following allegations made by Hindenburg Research, an acclaimed U.S. investment organization.
The Intimidating Profile of Africa’s Billionaire, Dozy Mmobuosi
Written by Kunle Awosika
08 June, 2023
Dozy Mmobuosi is a distinguished technology entrepreneur who advocates for technological advancement and social upliftment in Africa and beyond.
IFC and Partners Support BUA with $500 Million Facility to Boost Industrialization, Create Jobs, in Nigeria
Written by Kunle Awosika
06 June, 2023
International Finance Corporation (IFC) has made its largest-ever investment in northern Nigeria, providing a financing package alongside African and European partners to BUA Cement Plc to help the company part-finance and develop two new, energy-efficient cement production lines that will create up to 12,000 direct and indirect jobs.
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