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
South Africa scraps VAT hike amid coalition tensions and investor concerns
JOHANNESBURG, April 24 (Reuters) — South Africa has dropped plans to raise its value-added tax (VAT) rate from May 1,…
Air Peace grounds flights as NiMet strike halts weather services
Nigeria’s largest carrier, Air Peace, suspended all flight operations on Wednesday, April 23, 2025, following an indefinite strike by the…
Nigeria eyes rejoining JP Morgan bond index amid FX reforms
Nigeria is in advanced talks with JP Morgan to regain entry into its Government Bond Index, a development that could…
Nigeria records $15.2 billion net forex inflow in Q1 2025 as market reforms boost confidence
Nigeria recorded a net foreign exchange (FX) inflow of $15.20 billion in the first quarter (Q1) of 2025, signaling a…
EU hits Apple and Meta with first major fines under new tech law
The European Union has issued its first major fines under the new Digital Markets Act (DMA), imposing a €500 million…
Trump softens rhetoric on China as trade talks loom
President Donald Trump has adopted a more conciliatory tone ahead of renewed trade negotiations with China, signaling a shift from…
U.S. markets rally on easing trade tensions, earnings optimism
(Reuters) – U.S. stocks bounced back on Tuesday, April 22, 2025, driven by upbeat corporate earnings and signs of a…
Meta launches ‘Edits’ App to challenge TikTok, offers free AI-powered video tools
Meta has officially launched Edits, a new short-form video creation app designed to rival ByteDance’s TikTok and its popular editing…