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...
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...
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...
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....
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...