Dangote Group has in the last five years invested over N63bn in the South East with the purchase of over 3,500 units of locally assembled Shacman trucks at the production plant of Anambra Motor Manufacturing Company (ANAMMCO), Enugu. The order was delivered over a period of five years after Dangote Group signed an agreement with Transit Support ... Read more

A 48-year-old trader, Mrs. Adijat Bolanle Ladega, has lamented how she lost millions of naira in the recent fire that gutted some buildings in Balogun Market on Lagos Island in Lagos State. Mrs. Ladega, whose shop is in Edidi Lane, Ereko area, stated that she lost over N73 million in the fire that was alleged to have started from Anambra Plaza a ... Read more

Nigeria’s consumer price index, which measures inflation, rose to 12.13% in January; hitting its highest point in 21 months. According to data released by the National Bureau of Statistics (NBS) on Tuesday, the index increased from the 11.98% recorded in December. The last time inflation was in this region was in April 2018. Accordin ... Read more

United States Agency for International Development (USAID) Feed the Future Nigeria Agribusiness Investment Activity said her 5-year $15.7million intervention programme seeks to sustainably link thousands of Micro, Small and Medium size Enterprises and producer organizations with high performing commercial actors in seven target state. The Activi ... Read more

Forbes recently released its annual exclusive billionaires ranking with only 4 Nigerians, Aliko Dangote, Mike Adenuga, Abdul Samad Rabiu and Folorunsho Alakija making the highly coveted list. Amongst the four, Aliko Dangote, President of Dangote Group retained his spot as the World’s richest black person with a fortune of USD10.1 billion. Mik ... Read more

Tony O. Elumelu, CON, has congratulated the African Development Bank (AfDB), and AfDB President Akinwumi Adesina, on their commitment to African entrepreneurship, with the disbursement of $2.5million seed capital to the AfDB-sponsored beneficiaries of the 2019 TEF Entrepreneurship Programme. $2.5m was released today, with the remainder expected to ... Read more