Aliko Dangote, Africa’s richest man, continues to redefine industrial dominance with another strategic expansion. This time, he is injecting $400 million into his cement production facilities in Ethiopia, doubling the capacity of the Mugher Cement Plant to an impressive five million tons annually. This move solidifies Dangote’s foothold in the African construction sector, reinforcing his […]
Investors Experience a N2.05 Trillion Loss Over Profit-Taking in Nigerian Stock Market Investors in the Nigerian stock market recorded a significant loss of N2.05 trillion over a span of three days, driven by persistent profit-taking activities on the Nigerian Exchange (NGX). As of Wednesday, the total market capitalisation—representing the combined value of equities listed on […]
