Africa Economy

Dangote

Employment: Dangote Inducts New Graduate Trainees; Says Youth Employment Key to Nigera’s Growth

The Pan-African Conglomerate, Dangote Industries Limited has inducted a new batch of Graduate Trainees in its Graduate Trainee programme, with the management declaring that continuous investments in critical sectors of the economy to create employment and promote decent jobs is irrevocable. Addressing the trainees yesterday, President of Dangote Group, Aliko Dangote gave the trajectory of […]

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Uba House For Arise

UBA Records N404bn Half Year Profits; Significant Growth in Re venue and Other Key Metrics, A Further Demonstration of Pan-Africanand Global Growth; Declares Interim Dividend of 50k per share; Shareholders’ Funds Hit N1.712 trn

Africa’s Global Bank, United Bank for Africa (UBA) Plc, delivered an outstanding performance for the half year ended June 30, 2023, as announced in its audited financial report. The results released to the Nigerian Exchange Limited (NGX) on Tuesday showed that the Group recorded double and triple-digit growth across its major income lines, as it […]

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Dsc 0940

Dangote Celebrates African Young Global Leaders

At the World Economic Forum Annual Meeting 2011 in Davos, Switzerland, Aliko Dangote, President, and Chief Executive Officer of the Dangote Group, learned about the Forum of Young Global Leaders (YGLs) and the tremendous potential of this unique World Economic Forum community to develop the next generation of African leaders from all parts of society. […]

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Cement

Dangote Clarifies Cement Price Misinformation, Says Nigeria’s Price In Line With or Lower Than Cost Across W/A coast

Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories across Nigeria (as at 28th August 2023) is N4,010 in Okpella and N4,640 in Ibese, Objana, and Gboko. Including transportation costs and the location of delivery, prices could range between N5,000 to N5,300 per bag. This clarification […]

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Ncc Vc

Danbatta Identifies Innovations, Technology Assets Investment As Key To Bridging Digital Skill Shortage

The Executive Vice- Chairman of the Nigerian Communications Commission, Prof. Umar Garba Danbatta, has identified innovations and huge investments in technological assets as essential requirements to bridging the current skill gap being witnessed in the Nigeria’s technological attainment quest. Professor Danbatta made the assertion in his address at the 2 day forum on Emerging Technology […]

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Danbatta

Nigeria Takes 82% of Africa’s Telecom Subscription, 29% Internet Consumption- Danbatta

The remarkable achievements witnessed in the Nigerian telecommunications industry has started yielding dividends with the country accounting for 82% of Africa’s telecom subscribers and 29% of the continent’s internet consumption. This has equally seen Nigeria being rated eleventh globally in terms of internet penetration and seventh in terms of mobile phone usage. These amonsts other […]

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Dangote

For 6th Consecutive Year, Dangote beats MTN, Globacom, Others to Emerge Most Valuable Brand in Nigeria

Foremost Nigeria’s conglomerate, Dangote Industries Limited has emerged as Nigeria’s most valuable brand for the sixth consecutive year. This achievement was confirmed by the brand and marketing firm, TOP 50 BRANDS NIGERIA, as part of its comprehensive 2023 Top Brands perception assessment. Winning the award for a record 6th time confirms the foremost African indigenous […]

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Tinubu

Niger Crisis: Tinubu Meets With Touray, Abubakar, Ribadu To Douse Tension On Military Intervention

In futherance to dousing the tension created in the aftermath of the political crisis in Niger Republic, President Bola Tinubu is about now meeting with some critical stakeholders in the Economic Community of West African States (ECOWAS). In attendance in the meeting holding at the State House, Abuja, with President Tinubu, who is the Chairman […]

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Dangote Ferterlzer

Ibeju Lekki Residents Applaud Dangote Refinery CSR Activities

The Committee of Baales and some residents of Ibeju Lekki, Lagos have showered encomium on the Management of Dangote Refinery, on its social responsibility initiatives. They expressed appreciation to the company for providing vital infrastructure for their communities, repairing all the entrance roads of the 15 host communities by grading, sand filling, and applying stone […]

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Usaid

USAID Wants Nigeria to Prioritise Health Insurance, Family Planning, Nutrition

The United States Agency for International Development and stakeholders in the health sector have listed three key priority areas to work on for improved health care in the country. The Chief of Party, USAID Integrated Health Programme, Marta Levitt yesterday urged the Bola Tinubu-led government to prioritise and invest in health insurance, family planning and […]

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Ncc

Shun Sale, Use of Non-Type Approved Devices-NCC Warns

The Nigerian Communications Commission (NCC), has warned traders and other stakeholders about the negative consequences of selling and purchasing phones and telecommunications gadgets that are not type approved by the Commission. The certification of telecom devices used in the telecom sector is one of the mandates of the NCC as enshrined in the Nigerian Communications […]

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Sea Port

Nigeria, Others African Countries May Lose U.S. Market Over Uneven AGOA Utilisation

As the 2025 expiry date of the African Growth and Opportunity Act (AGOA) nears, United States policymakers are considering if and how it should be extended, over concerns about uneven utilisation or poor reciprocity from African countries. Indeed, exports from Nigeria to the United States have fallen over the last few years, a trend an […]

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