Business In Nigeria, 250,000 jobs and 19 firms hit by WEMPCO exit | The Africa Report.com

WEMPCO, a steel value-chain group and the majority shareholder in the popular Oriental Hotel in Lagos, is planning to sell the hotel at N94bn ($250m) and exit Africa’s biggest economy after four decades of operation and an accumulated debt of over N90bn. ....

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Read more via The Africa Report.com – http://bit.ly/2JodBj1

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