Posted on December 13, 2008 by Fortune&Class
Government is no doubt the biggest business in Nigeria, so it is in countries around the world. Exception is that in more economically developed lands, especially those that are inclined to the capitalist economic model, rather than government to directly engage in the economic arena, they provide an environment where individuals play the economy [...]
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Posted on December 13, 2008 by Fortune&Class
A heavy debt burden and the anticipation of high profile competition for the share of the Nigerian cement supply side from Femi Otedola may have compelled Alhaji Aliko Dangote to call off investments with intent to expand production lines in his many cement manufacturing plants and to build new ones. Sources in the banking [...]
Filed under: BusinessNEWS | Tagged: 2007, 3-G GSM license, alhaji aliko dangote, alhaji umar musa yar' adua, alheri engineering, banking industry, banks suspend, cement production plant, cement project, dangote, dangote group, debt folio, Federal Government, femi otedola, financial sector source, forbes magazine, fortune&class weekly, gsm telephony, heavy debt burden, historic lows, ibeshe, manufacturing plants, monopoly status, N622billion, nigerian cement, obajana cement, Olusegun obasanjo, protectionist policy, richest man in Nigeria, stock market, stock prices sliding | Leave a Comment »