Samsung Electronic has said that it is targeting an annual 10 per cent increase in revenue from Africa over the next decade, even as competition from...
Wema Bank Plc, has announced a 70 per cent growth in Profit Before Tax (PBT), from N1.80billion in Q3’2017 to N3.07billion in Q3’2018. Profit after Tax...
United Bank for Africa Plc UBA’s unaudited 2018 Third Quarter Financial Results shows ga Gross Earnings of N374.8 billion. This represents a 12.3 per cent increase...
The domestic equities market performed positively today following buy interest in DANGCEM (+3.0%) as ex-DANGECM the market would have closed in the red. As a result, the...
Nigeria National Petroleum Corporation NNPC has extended its crude-for-product swap contracts, the country’s main avenue to meet the bulk of its fuel needs, until June 2019,...
Nigeria National Petroleum Corporation NNPC has extended its crude-for-product swap contracts, the country’s main avenue to meet the bulk of its fuel needs, until June 2019,...
The world’s population is set to grow by 2.2 billion between 2018 and 2050, the UN Population Fund (UNFPA) has said. UNFPA, in its ‘State of...
Multilateral lenders account for 35 per cent of Africa’s total external debt, and 32 per cent by private lenders. China accounts for 20 per cent of...
The Nigerian Governors Forum (NGF) says it is not against the upward review of the minimum wage. The Chairman of the Forum, Gov. Abdulaziz Yari of...
(Reuters/NAN) Novartis is paying $2.1 billion for nuclear medicine specialist Endocyte in Chief Executive Vas Narasimhan’s latest deal to reshape the Swiss drugs group from a...
The Federal Executive Council (FEC) has approved six Transaction Parties as adviser to the Federal Government on the issuance of $2.78 billion Eurobonds and other securities...
Trafigura executives expect more upward pressure on global oil prices next year as rising U.S. shale output will not be able to fill a gap in...
The Nigerian National Petroleum Corporation (NNPC) has denied claims that it has in its custody 3.5 billion dollars Subsidy fund. NNPC Group General Manager, Group Public...
The World Bank has said that Africa is home to the largest number of extreme poor people in the world. Nigeria was recently described as the...
African Institute for Mathematical Sciences (AIMS) has launched its African Masters in Machine Intelligence (AMMI) at its AIMS Rwanda Campus in partnership with Facebook and Google....