google-site-verification: google7d8ad46e34536b98.html
Home Conglomerates

Conglomerates

Ministry condemns publication on illegal mining

The Ministry of Mines and Steel Development has described the publication of the BUA Group cement as an unwarranted campaign of calumny against it and the office of the Minister. Permanent Secretary of the ministry, Alhaji Mohammed Abass, said on...

NLNG shareholders set to take FID on Train 7 Plus project

Nigeria LNG Limited, yesterday at the World LNG Summit holding in Portugal, announced that the company, with the full support of its Board, is making steady progress towards achieving Final Investment Decision (FID) on its Train 7 Plus (7+)...

Dangote commissions $500m Congo cement plant on Thursday

Dangote Cement would on Thursday in Congo commission its 1.5 million metric tonnes per annum (MTPA) capacity Cement Plant valued at 500 million dollars. This was disclosed in a statement to newsmen on Monday in Lagos.The plant, described as the...

Coca-Cola to invest $90m in Kenya to broaden product range

Soft drinks maker, Coca-Cola, says it plans to invest up to $90 million in Kenya over three years through 2018 to increase its product range in the region. In a statement on Tuesday in Nairobi, the company said the wider...

Aiteo raises alarm over fresh campaign to malign its image

  ...More details emerge about media attacks on Aiteo Aiteo Group wishes to alert our shareholders, stakeholders, host communities, investors and general public about a faceless, cowardly campaign clandestinely contrived and executed by a number of entities that have committed substantial...

Galp and Kosmos Pick Up STP Block 6

Galp Energia and its partner Kosmos Energy have been awarded stakes in Block 6, offshore São Tomé and Príncipe (STP). The block is located in STP’s Exclusive Economic Zone. The tiny island nation awarded Galp and Kosmos each a 45%...

Lekoil Acquires Afren Stake In OPL 310

Lekoil agreed to acquire Afren’s entire 22.86% participating interest in OPL 310 offshore Nigeria for a cash consideration of $13 million. The acreage contains the Ogo discovery. Lekoil Nigeria Ltd. via its wholly owned subsidiary, Mayfair Assets and Trust Ltd....

MOST COMMENTED

Obasanjo successfully completes PhD programme at NOUN

Former President, Chief Olusegun Obasanjo, is among 14,771 persons expected to receive honours at the 7th convocation of the National Open University of Nigeria...