Business

UK-based real estate firm eyes Nigerian markets

building  Orin ZebestUK-based real estate developer, Scarborough United Group Plc (SUGPlc), has announced it will invest US$500mn in the Nigerian market

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Nigeria Flour Mills to merge with Bagco and Bagco-North

flour fmnplcFlour Mills of Nigeria has proposed a merger deal with Nigerian Bag Manufacturing Company (‘Bagco’) and Northern Bag Manufacturing Company (Bagco-North)

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Nissan to give Africa a taste of its Datsun brand

nissan  dave 7Nissan Motor Company will expand its business in Africa by rolling out its Datsun brand and doubling it South African production capacity over the next few years

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US Congress votes to renew textile trade act with Africa

AGOA textiles US Congress Africa businessThe US Congress has voted to renew the African Growth and Opportunity Act (AGOA) and extend it by three years, just two months before its was set to expire

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Barrick Gold considers sale of African stake

barrick1Canadian mining group Barrick Gold has confirmed that it has been in discussions to sell a 74 per cent stake in African Barrick Gold to a Chinese company

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