Big Business

Lafarge Africa to merge Nigerian units
Big Business

Lafarge Africa to merge Nigerian units

Nearly two years after acquiring Unicem, Lafarge Africa wants to finally merge the Unicem with its operations. Wole Adeleke, head of strategy for Africa’s second largest cement producer told Reuters that the consolidation will enable the group to simplify its operations. He said the consolidation will have no cost cutting […]

Forte looks to diversify into oil refining
Big Business

Forte looks to diversify into oil refining

Forte Oil, one the largest retailers of petroleum products in Nigeria said it is preparing to enter into a refining deal with a local partner. The partnership will see Forte Oil spreading its wings into the country’s downstream sector. Akin Akinfemiwa, the chief executive of the company said the company […]