BancABC parent ups stake in Nigerian bank

BANCABC parent, Atlas Mara, has increased its stake in a Nigerian bank to 49%, as it seeks to cement its foothold in Africa's largest economy.In a notice on Tuesday, Atlas Mara said it has agreed to a...

By Staff reporter | Published: 28 June 2018


White Zim farmers take on Nigeria's challenges

Farming in Nigeria is not for the fainthearted.Intermittent electricity means generators are needed half the time. Chronically potholed roads make transport slow and expensive. Fake fertiliser has pr...

By AFP | Published: 27 August 2017


Nigeria surpasses SA as Africa's biggest economy

LAGOS - New data has revealed that Nigeria has overtaken South Africa as the continent's largest economy after a rebasing calculation nearly doubled its GDP. Gross Domestic Product (GDP) for 2013...

By Reuters | Published: 07 April 2014


Nigerian president sacks nine ministers

LAGOS - Nigerian President Goodluck Jonathan has sacked nine ministers in his first major cabinet reshuffle since winning an election more than two years ago, a presidency spokesman said on Wednesday....

By reuters | Published: 11 September 2013


SA's PIC buys stake in Nigeria's Dangote Cement

LAGOS - Dangote Industries, majority shareholder in Dangote Cement, on Monday sold 1.5% of its stake in Nigeria's biggest listed firm to South Africa’s Public Investment Corporation (PIC) for $289.3...

By Reuters | Published: 11 June 2013

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