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June 04
Nigeria: Dangote Eyes $30 Billion in Total Revenue From His Businesses By End of 2024
This Day
Founder of the Dangote Group and Africa's richest person, Alhaji Aliko Dangote, has disclosed that by the end of 2024 he expects the total revenue from his businesses to hit over a… Read more »
June 03
Nigeria: Wema Bank Disburses N90m to Promo Winners
Daily Trust
Wema Bank has rounded off its 5 for 5 season 3 promo with over N90 million disbursed to Nigerians across the country, topping the cumulative N63.3 million from Seasons 1 and 2, and… Read more »
Nigeria: Mass Sack Disrupts CBN's Operations
Daily Trust
The recent mass sacking of various cadres of staff has started affecting operations of the Central Bank of Nigeria (CBN), Daily Trust has learnt. Read more »
Nigeria: Amnesty Programme Reiterates Commitment to Niger Delta Peace, Security
Daily Trust
The Administrator of the Presidential Amnesty Programme (PAP), Dennis Brutu Otuaro, has reiterated his commitment to diligently working towards achieving peace and security in the… Read more »
Nigeria: Oando Recorded N3.4tr Turnover in 2023
Daily Trust
Oando PLC, foremost indigenous energy group, has recorded a turnover of N3.4 trillion and profit after tax (PAT) of N74.7 billion in its unaudited results for the year ended… Read more »
Nigeria: Ibom Air Suspends Flights Over Ongoing Strike
Daily Trust
One of the domestic carriers, Ibom Air, has announced the suspension of its flights over the ongoing strike by the organised labour. Read more »
Nigeria: Google Launches 10 Free Ai Courses to Empower Innovators
Leadership
In a significant move to address the rising demand for skills in generative Artificial Intelligence (AI), Google has launched a collection of free courses aimed at equipping… Read more »
Nigeria: Pfas Invest N300bn in Dangote Refinery, N127bn in Sukuku, Eyes Dollar Instruments
This Day
Pension Fund Administrators (PFAs) in the country have said that they invested heavily in Dangote Refinery through the N300 billion bill bonds issued by Dangote industries in 2022… Read more »
Zimbabwe: Chiundura-Moyo Halts Production Due to Lack of Funding
The Herald
Talent Chimutambgi Arts Reporter Read more »
May 30
Nigeria: Dangote to Run Cement Trucks On CNG, Increases Dividend By 50%
This Day
Amidst applause by shareholders for the impressive results in the 2023 financial year despite the harsh business operating environment, the Chairman of Dangote Cement Plc, Aliko… Read more »
May 27
Nigeria: UBA Confident of Meeting Capital Requirement - Elumelu
Premium Times
CBN had mandated all commercial, merchant, and non-interest banks, as well as promoters of proposed banks, to increase their capital base within 24 months starting from April 2024 Read more »
Liberia: Arcelor Mittal Rep. Flomo Warns Against Misinformation
New Republic
Nimba County District #2 Representative, Nyahn Flomo has urged journalists to refrain from practices what he called division among the citizens. Read more »
May 25
Cote d'Ivoire: Coopération - Alassane Ouattara s'est envolé pour la France puis en Corée
allAfrica
Le Président de la République, Alassane Ouattara a quitté Abidjan le samedi 25 mai 2024, pour un séjour en France puis en Corée, où il… Read more »
May 23
Namibia: Uranium Miner Boosts'clean Cooking' At Leonardville
Namibian
Helping more than 685 children receive a daily balanced meal, Headspring Investment, a subsidiary company of Uranium One, donated a modern kitchen to Noasanabis Primary School at… Read more »
Uganda: Qcil Records 68 Percent Growth in Net Profit to Shs32 Billion
Independent (Kampala)
Quality Chemical Industries Limited (QCIL) has reported a 68% growth in net profit to Shs32 billion for the year ended March 31, 2024, driven by enhanced manufacturing efficiencies… Read more »
May 21
South Africa: Documents Reveal How Pfizer and Moderna 'Profiteered' in Covid-19 Vaccine Negotiations [analysis]
Daily Maverick
Analysts studying the contracts South Africa concluded for the Pfizer vaccine and negotiations with Moderna for the Spikevax vaccine have found many instances of corporate bullying… Read more »
Malawi: Paramount Holdings Awarded As Malawi's Most Reliable Construction Company
Nyasa Times
The country's leading National Product Magazine (NPM) has awarded Paramount Holding Limited (PHL) as most reliable construction company in Malawi due to its work efficiency. Read more »
Namibia: Vivo Energy, Engen Merge
Namibian
Engen and Vivo Energy announced the completion of a transaction combining the respective businesses, with Petronas on Tuesday selling its 74% shareholding of Engen to Vivo Energy,… Read more »
Nigeria: Transcorp Power Shareholders Approve N23.46bn Dividend, Commend 2023 Performance
This Day
The shareholders of Transcorp Power Plc approved the management's N23.46 billion dividend payout to shareholders and 2023 impressive performance at its recently concluded 11th… Read more »
Nigeria: Release Funds to NDDC for Accelerated Dev't, Mosiend Tells Federal Govt
Leadership
The Movement for the Survival of the Izon Ethnic Nationality in the Niger Delta (MOSIEND) has called on the federal government to release its equity contribution to the Niger Delta… Read more »
Namibia: NTB Investigates Acting Chief for Alleged Irregular Appointments
Namibian
The Namibian Tourism Board (NTB) is currently investigating allegations against its acting chief executive, Bonnie Mbidzo, for making several staff appointments without adhering to… Read more »
May 20
Kenya: Grounding of 787 Dreamliners Caused Flight Scheduling Disruptions - Kenya Airways
Capital FM
The national carrier, Kenya Airways says the main cause of disruptions in its flight scheduling is due to the unscheduled and extended grounding of two 787 Dreamliners. Read more »
May 19
Nigeria: NCDMB CEO, Ogbe Bags Fellowship of Engineering Society [press release]
Premium Times
The investiture was performed by the President/Chair-in-Council of the NSE, Margaret Aina Oguntala, FNSE at a ceremony in Abuja. Read more »
May 17
Nigeria: Emirates Returns to Nigeria After 25 Months
Daily Trust
Visa ban remains Read more »
Nigeria: Reps Wade Into Eko Disco's Lingering Crisis
Daily Trust
The House of Representatives has mandated its Committee on Power to investigate the lingering board room crisis in Eko Distribution Company to protect the federal government's… Read more »
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