Tag Archives: ARM

Dangote Moves To Acquire Kenya Cement Firm, ARM

Dangote Cement Plc, Africa’s biggest producer of cement, has expressed interest in acquiring Kenyan rival, ARM Cement Ltd, Bloomberg said it gathered from people knowledgeable about the development yesterday. Aliko Dangote, owner of Dangote Cement, said in an interview with Bloomberg that the company is in talks about a potential acquisition of a company with operations in Kenya and Tanzania. …

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FG Introduces Savings Bond for Retail Investors

The Debt Management Office (DMO), has concluded plans to issue a new type of bond called the FGN Savings Bond (FGNSB). This will be the Federal Government’s third debt instrument after the FGN Eurobond and FGN Treasury Bills. Unlike the first two debt instruments, the FGNSB is targeted at retail investors and lower income earners to encourage savings and earn more …

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