Latest Articles by Paul Adepoju Contributor Stanbic IBTC Cuts Share Capital By $47m. Stanbic IBTC Bank Plc, the Nigerian unit of Standard Bank Group, has disclosed that it willl cut down its share capital by about 7.5 billion naira ($46.7 million) due to the cancellation of 15 billion... Contributor Egypt: Centamin Resumes Operations At Sukari Mine. Centamin Plc, an Egypt-focused mining company, has said it has resumed operations at the company’s flagship gold mine in Sukari after a week of labour unrest which led to the suspension of work at the... Contributor Canada’s First Quantum To Invest $4bn In Zambian Mines. Canadian mining company, First Quantum Minerals is set to invest more than $4 billion in a new mine project in Zambia, with plans for further expansion in the country the company’s head of tax, Adam Little... Contributor Tunisia Records 43% Rise In Foreign Investments. Tunisia has announced the restoration of the nation’s foreign direct investment (FDI) to the level it was prior to the revolt in January 2011. Contributor Shoprite Opens In The DRC Amid Mixed Reactions. VENTURE AFRICA – Africa’s leading supermarket group, Shoprite has commissioned its first supermarket in the Democratic Republic of the Congo (DRC) as it continues to ramp up operations in other African countries outside its home... Contributor Dangote’s Cement Company Applies For 2yr Free-Float Extension From NSE. Reports from the Nigerian Stock Exchange (NSE) indicate that Dangote Cement Plc is seeking an extension of the free-float waiver it secured from the when it merged with Benue Cement Company Plc two years ago. Contributor Nigerian Breweries Plc Records 24% Turnover Increase. the Nigerian Breweries Plc (NB Plc) has surpassed market projections with its unaudited half-year figures.