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Nigeria: Construction of N3.9 bn Shopping Mall Begins in Kaduna

Nigeria: Construction of N3.9 bn Shopping Mall Begins in Kaduna

  Kaduna State Governor, Nasir El-Rufai on Wednesday performed the ground breaking of a new shopping mall being constructed at the cost of N3.9 billion in Kaduna. The News Agency of Nigeria (NAN) reports that the Amsalco Galaxy Mall is being constructed at the Murtala Mohammed Square in the heart of Kaduna city, through public […]

NNDC Committed To Quality Manpower Development For North – Says Chairman

  By Joseph Edegbo: The New Nigeria Development Company, NNDC has said that it will not relent in its efforts in developing quality manpower for the North and the country regardless of the harsh business environment. The Chairman Board of Directors of the company, Mallam Tanimu Yakubu gave this assurance at the 50th Annual General […]

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Business: Olam Secures US$375 million European Revolving Credit Facility

  Olam International Limited (“Olam’’ or “the Company”), a global food and agri-business operating across the value chain in over 60 countries, announced on Wednesday in Singapore that its wholly owned subsidiary, Olam Holdings B.V. (“OHBV”), has secured a revolving credit facility (the “Facility”) aggregating US$375 million. The Facility has a 364-day tenor with an […]

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Forum on Women’s Skills in Business Development Opens In South Africa.

The fourth Affirmative Finance Action for Women in Africa Entreprenarium masterclass began Monday in Pretoria, South Africa, aimed at improving women’s skills in business development and financial management. 40 business women, who came through an online application process, are attending the two-day masterclass, which cover financial planning, lean start-up methodology and business model canvassing. A […]

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Cape Town Airport Lands Number One Spot In Africa – WTA

  South Africa’s Cape Town International Airport has been named the continent’s leading airport at the recent edition of the World Travel Awards. The announcement was made at the 26th World Travel Awards (WTA) ceremony held in Mauritius over the weekend. Cape Town International Airport, located in the southwest of South Africa, wins the gong […]

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ACTIV Promises To Facilitate Trade, Investment In West Africa

  By Motunrayo Zeezy Africa Canada Trade Investment Ventures, ACTIV has promised to facilitate trade and investment in Africa as part of its major aim of mentoring business growth and development among individuals,  organisations and West African Nations. Speaking at a two-day event which took place in Halifax, Nova Scotia,  Canada, ACTIV Director, Kenneth Oguzie […]

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Nigerian Bank Merger: NSE Places Diamond Bank Shares On Full Suspension

  Trading in the shares of Diamond Bank Plc has been placed on full suspension following the court sanction of the Scheme of Merger with Access Bank Plc. The Nigeria Stock Exchange (NSE) in a notification to its dealing members posted on its website on Wednesday said that the full suspension takes effect from March […]

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Business: Dangote, Chevron Nigeria Sign Historic Agreement on Gas Supply

  Dangote Fertilizer Limited has entered into a long-term agreement with Chevron Nigeria Limited (CNL) for the delivery of Natural Gas from Chevron’s supply portfolio to the fertilizer plant, which is poised to start operations soon. The contract, under the Gas Sale and Aggregation Agreement (GSAA) is part of International Oil Company (IOC)’s gas obligation […]

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