Dangote Cement Plc, Africa’s largest cement producer, has recorded a massive N520.5 billion profit after tax for the first half of 2025, according to its unaudited financial results released to …
Economy
- BusinessEconomyInfrastructureManufacturingTrade & Investment,
- BusinessEconomyInfrastructureMobile Telecommunications Network (MTN)SecurityTechnologyTelecommunications
Fibre Cuts, Vandalism Cost MTN N17.6bn in Network Losses
Between January and June 2024, telecoms giant MTN Nigeria faced over 13,700 fibre cuts across the country, severely affecting network quality and leading to massive financial losses. The company’s Chief …
- EconomyInfrastructureMiningNatural ResourcesPolitics
Libya’s Dbeibah Seeks Mining Overhaul to Unlock Resources
Libya’s Prime Minister, Abdulhamid Dbeibah, has directed fresh attention toward revamping the country’s mining industry by calling for urgent reforms, data transparency, and project coordination under the government’s “Reviving Life” …
- EconomyGovernanceHungerPoliticsPovertyPublic OpinionSocial Welfare
Peter Obi Slams Tinubu Over False Stats, Hunger Crisis
Former presidential candidate of the Labour Party, Mr. Peter Obi, has openly accused President Bola Ahmed Tinubu of using misleading and false economic statistics to hide the reality of Nigeria’s …
- China-Africa RelationsDebt Management,EconomyFinance & ServicesInfrastructureOil & Gas
Angola Moves to Cut Oil-Backed Debt to China by 2025
Angola is making strong progress in reducing its oil-backed debt to China, with government officials saying the total could drop to between $7.5 billion and $8 billion by the end …
- AgricultureEastern AfricaEconomyRegional CooperationTransportation & Logisitics
Rwanda, Tanzania to Open Dar Port Office in Kigali
Rwanda and Tanzania have agreed to bring port services closer to Rwandan importers by signing a key trade agreement that will allow the Tanzania Ports Authority (TPA) to open a …
- Business and EconomyEconomyEmerging MarketsGlobal NewsTrade & Investment,U.S
US Tariffs, Economic Signals Shake Global Markets
Global financial markets started the new week in a cautious mood as investors prepare for a series of important economic reports from the United States and the rollout of new …
- DiplomacyEconomyEnergyGlobal NewsInternational TradePolitics
EU, US Seal $750bn Energy Deal Amid Russia-Ukraine War
The European Union (EU) has signed a major energy trade agreement with the United States, committing to buy $750 billion worth of hydrocarbons over the next three years. The agreement, …
- AFRICA NEWSBusinessEconomyFinance & ServicesGovernanceLaw and Justice
UniBank Executives Offer GH¢2bn Settlement Amid Probe
The Attorney General and Minister of Justice of Ghana, Dr. Dominic Ayine, has revealed that directors of the collapsed uniBank Ghana Limited have proposed a GH¢2 billion settlement to resolve …
- AgricultureBusinessEconomyManufacturingMarketsNigeria
Dangote Sugar Returns to Profit with N430bn Revenue in H1 2025
Dangote Sugar Refinery Plc (DSR) has announced a strong recovery in its financial results for the first half of 2025, recording a revenue of N430.21 billion, representing a 45.53% increase …