Africa Economy

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BRI: NASENI, Chinese Companies Sign MoUs, Receives Letters Of Intent For $bn Investments

At a ceremony attended by Vice President Kashim Shettima (GCON) on Thursday, October 19, 2023, on the sidelines of the third Belt and Road Initiative (BRI) Forum in Beijing, China, the National Agency for Science and Engineering Infrastructure (NASENI) and new Chinese partners signed three (3) memorandum of Understandings (MoUs) for new projects valued at […]

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Cement Price

Dangote Cement Denies Running Sales Promo,Vows to Track, Prosecute Peddlers of Falsehood

Management of Dangote Cement Plc has denied reports, in some online platforms that it has embarked on sales promotion and has further adjusted its prices. In response to what the conglomerate termed misleading report, the Chief Branding and Communications Officer of the Dangote Group, Anthony Chiejina described the reports as mischievous, malicious, and false. He […]

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Cement Price(1)

Dangote Dismisses Cement Price Reduction, Says It Is Fake News

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Cardoso

Cardoso Takes Over As Acting CBN Governor

Dr. Olayemi Michael Cardoso who was recently nominated by President Bola Ahmed Tinubu for the position of the Governor of the Central Bank of Nigeria (CBN) on Friday 22, September, 2023, formally assumed duty, in an acting capacity. He is to act as the CBN Governor. pending his confirmation by the Senate. According to a […]

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Itu

ITU Says Digital Technologies Directly Benefit 70% of SDG Targets

More than two-thirds of the UN’s targets for sustainable development have benefited directly from digital technologies, according to the International Telecommunication Union (ITU) and the United Nations Development Programme (UNDP), organisers of the ongoing Sustainable Development Goal Digital initiative (SDG Digital), holding at the United Nations Headquarters in New York. With digital technologies so closely […]

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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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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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