Dubai firm buys $300m equity stake in Dangote Cement

Dubai firm buys $300m equity stake in Dangote Cement

ARRANGEMENT has been finalised for the Investment Corp of Dubai, ICD, the state fund that holds stakes in some of the emirate’s top firms, to buy a $300 million stake in Dangote Cement, said Carl Franklin, Head, Investor Relation, Dangote Group. With this development, ICD will take up a stake of about 1.3 per cent in Dangote Cement
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APC promises to transform Nigeria in 2015

APC promises to transform Nigeria in 2015

Chief John Oyegun, the National Chairman of the All Progressives Congress ( APC), says the party will transform Nigeria if elected into power in 2015.

Nigeria confirms 19th Ebola case

Nigeria confirms 19th Ebola case

Fifty days after the Ebola Virus Disease, EVD, was imported into the country, the Federal government yesterday confirmed the 19th case of the disease, even as another survivor was discharged from the isolation centre in Port Harcourt, Rivers state, bringing the number of survivors to 11.

Area of Ebola risk from animals bigger than thought

Area of Ebola risk from animals bigger than thought

More than 22 million people live in parts of Africa where conditions exist for the Ebola virus to jump from animals to humans, a bigger area than previously thought, researchers said Monday.

FIFA deadline passes for under-threat Nigeria

FIFA deadline passes for under-threat Nigeria

A FIFA deadline on the Nigeria Football Federation passed on Monday with no sign at the association’s offices of the body’s president whose controversial appointment led to a threat of a ban.

Lagos, 20 other states get new Police Commissioners

Lagos, 20 other states get new Police Commissioners

Following recent promotions and retirements in the Nigerian Police force which led to vacancies in position of Command helmsmen, the Acting Inspector General of Police, Suleiman Abba Monday appointed new Commissioners of Police for 21 states of the federation with CP Kayode Aderanti moving to Lagos as the new CP. He takes over from AIG Manko who is now in charge of Zone 2.

Oshiomhole meets Esan APC leaders over Ikimi’s exit

Oshiomhole meets Esan APC leaders over Ikimi’s exit

GOVERNOR Adams Oshiomhole of Edo state Monday met with leaders of the All Progressives Congress (APC) in Edo Central senatorial district of the state over the exit of the former Foreign Affairs Minister, Chief Tom Ikimi from the party.

Coach calls for sponsorship of Para-soccer programmes

Coach calls for sponsorship of Para-soccer programmes

Femi Afolayan, Head Coach of the Lagos State Para-soccer Association, on Monday appealed to corporate organisations and philanthropists to contribute to the growth of the sport by sponsoring its programmes.