Tuesday 7 July 2015
 
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Nigeria

Abraaj buys majority stake in Nigeria mattress maker

Dubai-based Abraaj Group, a leading investor operating in global growth markets, today (July 7) has acquired a majority stake in Mouka, a leading mattress manufacturer in Nigeria. The acquisition is through one of Abraaj's fun

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Abraaj buys majority stake in Nigeria mattress maker

Dubai-based Abraaj Group, a leading investor operating in global growth markets, today (July 7) has acquired a majority stake in Mouka, a leading mattress manufacturer in Nigeria. The acquisition is through one of Abraaj's fun

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GE records 10-year safety milestone in Nigeria

General Electric has recorded another milestone in its oil and gas facility in Onne, Rivers State exhibiting an exceptional safety record. In the last 10 years of operations, GE has not had any incidents at its Onne facility resul

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S Africa tourism growth hinges on new visa rules

South Africa’s hospitality industry is prepared to grow further in the next five years, but the impact of revised visa regulations on the sector remains to be seen, said a report released by PwC today (May 14). The overall o

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Afren may consider exiting Iraqi Kurdistan: CEO

Afren will consider exiting the Kurdistan region in Iraq and focus on oilfields in Nigeria as it embarks on a restructuring programme, chief executive Alan Linn said.   The company has floundered under a series o

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Top industry experts to attend major agro-food event

More than 85 industry experts from across the globe will be in Lagos, Nigeria, to take part in the 'Agro-food & Plast-Print Pack Nigeria 2015’ expo which opens next week. The event will see companies display various latest

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Rotana signs new property in Nigeria

UAE-based hotel group Rotana has signed its first property in Nigeria under the brand Centro, located in Lagos, the country’s largest city. The 200 plus-key Hotel and Serviced Apartments, to be launched in partnership with Topwide

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Buhari claims victory in historic Nigerian vote

Nigeria's opposition All Progressives Congress (APC) declared an election victory on Tuesday for former military ruler Muhammadu Buhari and said Africa's most populous nation was witnessing history with its first democratic transfer of p

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Boko Haram pledges allegiance to Islamic State

Nigeria's militant Islamist group Boko Haram pledged allegiance on Saturday to Islamic State, which rules a self-declared caliphate in parts of Iraq and Syria, according to an audio clip posted online. The symbolic move highli

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Turkish Airlines begins operations to Abuja

Turkish Airlines, the flag carrier of Turkey, will fly to Abuja, the capital city of Nigeria, from today (March 3) - its 262nd network destination. With existing services to 37 destinations in Africa, Abuja flights will be operated five

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