BUSINESS
Dangote Refinery Reports Significant Revenue and Profit Growth Amid Industry Challenges
Dangote Petroleum Refinery has announced remarkable revenue and profit figures for the first half of 2026, reflecting a strong recovery as it prepares for a substantial expansion.
The Authoritative Link
Just for You
The Benue Test, Obstruction of Peter Obi and Nigeria’s elections. By Johnson Ihemeremadu
Special to USAfrica magazine (Houston) and USAfricaonline.com, the first Africa-owned, US-based newspaper published on the…
Campaign of Petrol Attendants and Poverty Management. By Chidi Amuta
Special to USAfrica magazine (Houston) and USAfricaonline.com, the first Africa-owned, US-based newspaper published on the…
FBI court filings confirm Nigeria’s President Tinubu was subject of U.S. criminal investigation
Special to USAfrica magazine (Houston) and USAfricaonline.com, the first African-owned US-based professional newspaper published on the…
President Tinubu, Gov. Adeleke and the unlettered occupant of Edo State. By Chidi Okoroafor
Special to USAfrica magazine (Houston) and USAfricaonline.com, the first African-owned US-based professional newspaper published on the…
Latest BUSINESS
Zoom set to layoff 1,300 employees
Video conferencing company, Zoom, has said it will lay off about 1,300 employees, representing about 15% of its workforce. With…
NGX sets up an advisory panel on digital technology products
The NGX Digital and Technology Products Advisory Panel (The Panel) was established by The Nigerian Exchange Ltd. (NGX) as part…
Kenya’s Court rules against Facebook
A judge in Kenya has ruled that Facebook’s parent company, Meta, can be sued in the East African country. Meta…
Chaos at Nigerian Banks, ATMs run dry amidst release of new currency
Nigeria’s switchover to new paper currency has grown more chaotic. ATMs in Africa’s largest economy have run out of new…
Ibom Air plans to commence flights to seven African countries
The Akwa Ibom State Government's commercial airline, Ibom Air, is preparing to launch regional service to seven nations in Africa…
Nollywood star Oluwadarasimi Omoseyin arrested for “violation” of naira notes
The Economic and Financial Crimes Commission (EFCC) announced Tuesday, 31 January that the investigation into actress and cosmetologist Oluwadarasimi Omoseyin…
Ethiopia’s biggest commercial bank reports high rise in revenue
Ethiopia's state-owned Commercial Bank of Ethiopia (CBE) on Thursday (2 Feb. 2023) disclosed a 13 billion birrs (about 243 million…
MTN bags 2trillion in revenue in Nigeria
According to its audited financial report released on Wednesday (1 Feb. 2023), MTN Nigeria Communications Plc reported revenue in excess…