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IMF completes 2018 Article IV Mission to Nigeria, says economy still vulnerable

imf visit

An International Monetary Fund (IMF) staff team led by Mr. Amine Mati visited Nigeria during December 6-20, 2017 to conduct the 2018 Article IV consultation. Following the conclusion of the ...

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BUA Group lied on claims to Mines ownership in Edo—Dangote

Dangote BUA rivalry

Fresh twist on Thursday evening emerged on the ongoing Limestone mines ownership tussle brewing between Dangote Group and BUA Group in Edo State. The Mine had been shut by Edo ...

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FG’s fiscal terms on deep sea exploration can’t pull foreign investors—Report

Egina FPSO

A new report by the Nigerian Natural Resource Charter (NNRC) has raised an issue of urgent national importance if the nation must attract deep pocket investors in the deep sea ...

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Dangote, host communities begin resolution of land dispute over tomato factory

Tomato Plant

Ahead of moves to locate a new tomato factory in Kaduna State, Dangote Group and all the six communities hosting its operational areas in Kubau local government area of Kaduna ...

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BUA faults Obaseki’s mine shut, says matter with Dangote, a federal issue

Dangote BUA rivalry

Fresh twist bordering on jurisdiction has engulfed the escalating ownership controversy trailing the Obu Limestone Mine in Okpella, Edo State. Less than 24 hours after the state government announced the ...

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Group of clearing agents casts doubt on NPA’s ports infrastructure delivery

NPA railPort

Barely two years after the appointment of Hadiza Bala Usman as the substantive managing director of Nigerian Ports Authority (NPA), the Association of Nigerian Licensed Customs Agents (ANLCA), has rated ...

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Edo mine shut to avoid Dangote, BUA crisis escalation—BH Intelligence

Dangote BUA rivalry

To avoid further escalation of hostilities between two Nigerian cement giants, Dangote Cement and BUA Cement, the Federal Government cited security concerns arising from claims and counter claims bordering on ...

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‘Lafarge leveraging on ERGP to partner stakeholders in construction solutions’

Lafarge Michel Puchercos

The Chairman, Lafarge Africa Plc, Mobolaji Balogun, has said that the company will continue to deliver strong and viable construction solutions and building materials sector leveraging on the Economic Recovery ...

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Dangote accuses BUA of stealing, illegally mining limestone on its properties

Dangote Edward

Barely two weeks after it raised alarm, accusing another cement company, BUA Group of using local militia and other paramilitary operatives to trespass its licenced marble and limestone minding sites, ...

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Rising external reserves without growth in infrastructure discouraging FDIs

Buhari CBN

Development economists have started reacting to the recent report by the Central Bank of Nigeria (CBN), that Nigeria’s external reserve is rising and has all it takes to jump further ...

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