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Energy

Dangote Refinery’s Prospectus: H1 Revenue Up 122%, Profit Hits $1.82Bn as PMS Dominates Sales

Dangote Petroleum Refinery and Petrochemicals FZE disclosed financial statements in its IPO prospectus showing revenue more than doubled and the company swung from a loss to a $1.82 billion...
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Energy

Dangote Refinery’s Prospectus: H1 Revenue Up 122%, Profit Hits $1.82Bn as PMS Dominates Sales

Bala Augie -
Dangote Petroleum Refinery and Petrochemicals FZE disclosed financial statements in its IPO prospectus showing revenue more than doubled and...
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African Alliance Swallowed by Claims Cost as Liabilities Erode Investor Capital

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African Alliance Plc has paid more in claims to policyholders than premium it generates, which severely degraded its expense...
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US Turns To Africa’s Mineral Powerhouse As Copper Imports From DRC Hit Record 53,290 Tonnes

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The United States is increasingly turning to the Democratic Republic of Congo (DRC) for copper, with imports from the...
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Dangote Refinery IPO: 10 Steps To Buy Shares For N5,250

Bala Augie -
The proposed Dangote Petroleum Refinery and Petrochemicals Initial Public Offering (IPO) will allow investors to acquire shares in one...
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Yuan Weakens To 6.7804 Against Dollar

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The central parity rate of the Chinese currency renminbi, or the Yuan, weakened nine pips to 6.7804 against the...
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Dangote Refinery IPO Ring-Fences Investors From Kenya Project

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Dangote Refinery CEO David Bird has confirmed that the proposed 700,000 barrel-per-day (bpd) refinery project in Kenya will operate...
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Information Minister Pledges Media Support To Boost Orange Economy

The Minister of Information and National Orientation, Mohammed Idris, has pledged the media’s support for the forthcoming National Institute...
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Oil, MSME Investment Key To Sustaining GDP Growth – Economists

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Economists have urged the Federal Government to adopt measures that will increase crude oil production and provide more support...
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Economic Management Team Advances Coordinated Planning

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Nigeria’s Economic Management Team (EMT) met in Abuja and approved the establishment of a committee to harmonise macroeconomic assumptions...
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The Nigeria Customs Service (NCS)  is on track to achieving its N11 trillion annual target, according to Minister of...
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Coalition Urges ECOWAS, AU To Protect Local Interests In Multinational Ventures

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A coalition of Civil Society Organisations (CSOs) has urged the ECOWAS, the African Union, and governments across Africa to...
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Traders Raise Alarm Over Alleged Circulation of N1,000 Counterfeit In Kwaya Kusar, Borno 

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Traders at the Kwaya Kusar Grains Market, Kwaya Kusar Local Government Area (LGA) of Borno have raised an alarm...

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