Author: businessTimes
Dangote Cement Industries Plc on Wednesday said that it sold a total 23.54 metric tonnes (MT) of cement across Africa for the financial year ended Dec. 31, 2018. The company said in its financial performance ...
The manufacturing sector contributed about N864 billion of the N3.63 trillion generated as Value Added Tax (VAT) from 2013 to 2018, an analysis by the National Bureau of Statistics (NBS) has revealed. The NBS report ...
LaLiga presented some of its most recent technologies during an interactive showcase on the sidelines of Mobile World Congress (MWC) in Barcelona revealing, in collaboration with Mediapro, some of the latest innovations behind Spanish football. ...
Nigeria’s dollar-denominated government bonds rose to 5-7 month highs on Wednesday after President Muhammadu Buhari, won a second term at the helm of Africa’s largest economy and top oil producer. The country’s longer-dated bonds were ...
Oil prices rose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump. U.S. West Texas ...
Africa’s biggest pay-TV group, MultiChoice, debuted on the Johannesburg Stock Exchange on Wednesday with shares opening at 95.50 rand, giving the company a market capitalisation of 42 billion rand (3.03 billion dollars). South African e-commerce ...
China’s CDH Investments is aiming to raise nearly one billion dollar and yuan funds through its venture and growth capital arm to invest in sectors including healthcare and logistics, said people with direct knowledge of ...
Information Technology (IT) company, Cisco, has simplified IT solutions to enhance digitisation of Micro, Small and Medium Enterprises (MSMEs) Nigeria. The General Manager, Cisco Nigeria, Mr Olakunle Oloruntimehin, made this known during “Cisco Meraki Media ...
The Central Bank of Nigeria (CBN), has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure adequate supply of foreign exchange to customers. The CBN Director, Corporate Communications Department, Mr Isaac Okorafor, in a statement ...
Shoprite Holdings, Africa’s largest supermarket group, says its first half-year earnings declined due to currency devaluation in Angola and supply constraints in its home market South Africa. Chief Executive Pieter Engelbrecht said on Tuesday in ...
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