Tuesday, May 18, 2021
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Kudirat Bukola

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Africa to the World: Elumelu Moderates as President Kagame, Okonjo-Iweala, Tedros, Diop, Convene at UBA Africa Conversations 2021

The UBA Africa Conversations 2021: Join Africa’s Global Leaders – President Kagame of Rwanda, WTO’s Ngozi Okonjo-Iweala, UBA’s Tony O. Elumelu, WHO’s Dr Tedros...

Nigeria’s Current Account Deficit Prints at 4% of GDP

Nigeria’s current account deficit widened in the fiscal year 2020 to 4% of the nation’s gross domestic product (GDP) from 3.6% in the comparable...

Despite billions of Naira spent on maintenance, Kaduna, P/Harcourt, Warri refineries failed to refine crude in 3 months – Report

Latest operations report of the Nigerian National Petroleum Corporation indicates that Nigeria’s refineries under the management of NNPC could not refine a drop of...

Nigerians languish in total blackout as 12 power plants goes idle, generation falls to 3,928MW

The number of idle power plants on the national grid increased by two to 12 on Thursday following the total system collapse that occurred...

Dangote Sugar posts N11.95bn profit in Q1

Lagos, May 10, 2021 Dangote Sugar Refinery Plc has reported a profit before tax of N11.95 billion for the first quarter ended March...

REDTV Launches New Series, Public Figure in Ghana

United Bank for Africa's Lifestyle and Entertainment channel continues to blaze the trail in online entertainment as it pushes the best of Africa to...

JUST IN: Buhari reshuffles Nigeria Port Authority Management, Hadiza Bala Usman Out, Mohammed Koko in

A major shakeup Thursday evening rocked the Nigerian Ports Authority (NPA) with the immediate suspension of Hadiza Bala Usman as the agency’s Managing Director...

NERC to Consider Changes in Inflation, Exchange Rate & Gas Prices as it Reviews Tariff…

In the just concluded week, the Nigerian Electricity Regulatory Commission (NERC) indicated its readiness to conclude the Extraordinary Tariff Review process for the 11 Distribution companies (DisCos)...

Oil Prices Rally Towards $70 As Demand Outlook Improves

Crude oil prices got a major boost this week thanks to optimistic expectations about demand from OPEC+ and rebalancing fuel inventories in the United...

Dangote Cement sales surge to N332.7 billion as Q1 profit hits N90 billion

Africa’s biggest cement manufacturer Dangote Cement Plc Friday said its after-tax profit from January through March rose by almost half to N89.7 billion, compared...

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