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    Monthly Archives: July, 2015

    DPR set to sanction depot owners who sell above depot price

    Lagos - The Department of Petroleum Resources (DPR) on Thursday said that it would not hesitate to sanction depot owners and major marketers who...

    Nigeria's Dangote Sugar refinery H1 pretax profit falls

    Nigeria's Dangote Sugar Refinery's first-half pretax profit fell 4.5 percent to 9.80 billion naira ($49 million) versus a year earlier, the firm said on...

    South Africa's Tiger Brands acquires Dangote Flour; may rebrand at AGM

    Following the recent successful acquisition of majority shares in Dangote Flour Plc, shareholders of the company are poised to take a resolution during its...

    LSG orders government agencies to vacate rented apartments

    Lagos State Governor Akinwunmi Ambode has directed agencies of the state government occupying rented apartments to vacate them, in a move to block lopeholes...

    Nigeria losing billions on agro-duty waivers

    Abuja - The Federal Government is losing N71 billion annually on duty waivers especially to importers of food, a senator said as the House...

    Ecobank plans loans restructuring to Nigerian states

    Ecobank is working on a plan to restructure loans to Nigerian states, after putting almost a third of those loans a watch list as...

    Nigeria's Dangote Cement H1 Profit Rises 28 Percent On African Expansion

    Dangote Cement Plc, Africa’s biggest producer of the building material, said first-half profit rose 28 percent as the benefits of expansion helped make up...

    Prostate cancer: Scientists discovers Five types

    Scientists have identified five types of prostate cancer, each with a distinct genetic signature. And by comparing 250 samples removed in surgery with the patients'...

    Ebola vaccine is 'potential game-changer'

    A vaccine against the deadly Ebola virus has led to 100% protection and could transform the way Ebola is tackled, preliminary results suggest. There were...

    MIDEAST STOCKS: Saudi flat, Egypt rises as New Suez Canal complete

    Saudi Arabia's stock index moved little on Thursday while Egypt's bourse edged up after the country completed the expansion of the Suez Canal, a...

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