Africa Archives | Page 2 of 119

CSCS Wins “Capital Market Infrastructure Developer Of The Year” At BAFI Awards 2024

by Olusegun Edwards
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Central Securities Clearing System (CSCS) Plc, Nigeria’s premier capital market infrastructure,otherwise known as the central depository of the ‘Stock Exchange’, has been honoured for its outstanding contributions to the financial services industry. CSCS received the prestigious Capital Market Infrastructure Developer of the Year award, at the 12th Business Day Banks and other Financial Institutions (BAFI) […]

Investing in UBA Shares Means Owning Stake in Business Across 24 Countries – Alawuba

by Olusegun Edwards
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UBA’s GMD/CEO, shares insight at the just concluded annual meetings of the International Monetary Fund (IMF)/World Bank in Washington D.C. Excerpts Can you tell us about your experience so far in Washington? So far, the World Bank and IMF meetings in Washington have been positive for Nigeria. Yesterday, we attended a session where Nigeria’s Minister […]

Tinubu Extols The Commonwealth, Says It’s More Relevant Today Than It Was in Decades

by Olusegun Edwards
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The Commonwealth is more relevant today than it has been in decades If there wasn’t this global alliance of mostly English-speaking nations based on common law principles, there would be a need to create one Commonwealth leaders are meeting this week on the island of Samoa for our bi-annual summit. Intense discussion over free and […]

Why Youth Entrepreneurs Are Key To Tackling Climate Change in Africa-Tony Elumelu

by Olusegun Edwards
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I am a proud Nigerian and a proud African. I am also a philanthropist and entrepreneur—and I have seen firsthand that to effectively tackle climate change within the African context, from Egypt to Nigeria to South Africa, we must look to the people it impacts. Too often our businesses have not created value on our […]

World Bank, IMF Annual Meeting Scheduled for Oct 25th to 27th In Washington

by Olusegun Edwards
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Overshadowed by international crises, the International Monetary Fund (IMF) and the World Bank annual meeting is due to start on Monday in the U.S. capital, Washington. The meeting is to bring together finance ministers, representatives from the financial sector and development cooperation, as well as central bankers. The discussions, set to run until Sunday, are […]

With Refinery Aliko Dangote Emerges 65th Richest Person in the World with $28bn, Five More Africans Made Latest Billionaires List

by Olusegun Edwards
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President of Dangote Group, Aliko Dangote remains the richest man in Africa, and now the 65th richest man in the World, despite the volatility of the Nigerian currency against the dollar. Bloomberg, in its latest top 500 Billionaires Index released on Thursday, revealed that Dangote with a wealth of $28 billion had his wealth increased […]

APRA Commiserates with PR Society, Government, Citizens of Malawi Over VP, Others Death In Plane Crash

by Olusegun Edwards
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The African Public Relations Association (APRA) has expressed heartfelt condolences to the Public Relations Society of Malawi (PRSM, an institutional member of APRA), the government and citizens of the Republic of Malawi over the tragic plane crash that claimed the lives of the Vice President of Malawi, H.E. Dr. Saulos Chilima, and nine others on […]

US-Africa Summit: Lagos Woos Foreign Investors, Says State Ready For Business Partnership

by Olusegun Edwards
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In its drive to increase the economic growth and consolidate its position as Africa’s economic hub, Lagos State Government has called on foreign investors, particularly those interested in investing in Nigeria, to consider Lagos as the best destination for their investments. The State also expressed readiness to partner with any investors with a strong assurance […]

Backward Integration: Dangote Targets 700,000MT of Refined Sugar in Four Years, Says Q1 Revenue Rise by 20.1% to N122.7bn

by Olusegun Edwards
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Dangote Sugar Refinery Plc (DSR) has unveiled plans to produce 700,000 metric tonnes of refined sugar from locally grown sugarcane in the next four years, through its Backward Integration Programme (BIP). Chairman of Dangote Sugar Refinery Plc, Aliko Dangote stated this at the company’s 18th Annual General Meeting (AGM) held yesterday in Lagos, just as […]

UBA Employs 398 Across Africa In Youth Empowerment Graduate Programme, These Young UBA Graduates A Testament to Who We Are Says Elumelu

by Olusegun Edwards
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Africa’s Global Bank, United Bank for Africa (UBA), on Thursday, held the second edition of its expanded Graduate Management Acceleration Programme (GMAP) class of 2024, where 398 young Africans were inducted into the UBA Tribe after a rigorous six-month hands-on-work and learning experience. The event, which was held in a grand ceremony in Eko Hotel, […]

Palliatives: Dangote Donates 80,000 bags of Rice to Lagos Residents, Dangote Prioritize Nigerians’ Welfare Above Profit-Sanwo-Olu

by Olusegun Edwards
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The Aliko Dangote Foundation, (ADF) has flagged off the distribution of 80,000 10kg bags of rice to the vulnerable in Lagos state. President of Dangote Group and Chairman of the foundation, Aliko Dangote, noted that the gesture is part of the over one million 10kg bags of rice that would be distributed to reach one […]

Transcorp Records Robust Performance With PBT Growth of 93.5% in 2023

by Olusegun Edwards
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Nigeria’wholly indigenous conglomerate, Transnational Corporation Plc (Transcorp), has announced its financial results for the year ended December 31, 2023, delivering a robot performance as shown in profit before tax that rise to N58.8 billion, a growth of nearly 94 per cent from N30.4 billion reported in 2022 financial year. The group in its result and […]