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.
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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…
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Zambia faces widespread power Shortages amid severe drought
Before the Kariba dam crisis, fewer than half of Zambia’s 20 million people had access to electricity. Now, millions more…
U.S. raises concerns over Congolese cobalt and child labour
In September, the U.S. Department of Labor included cobalt from the Democratic Republic of Congo (DRC) on its list of…
New withholding tax regime set to begin January 2025
The Federal Inland Revenue Service (FIRS) has announced that the newly gazetted withholding tax regulations will take effect starting January…
U.S. increases investment thresholds for international entrepreneur
Effective October 1, 2024, the U.S. will raise the minimum investment and revenue thresholds for the International Entrepreneur Rule (IER),…
Libya parliament appoints new central bank governor
Libya's eastern parliament has appointed Naji Mohamed Issa Belqasem as the new governor of the central bank, following the dismissal…
Egypt: Suez Canal revenues drop due to Houthi attacks, says President
Egyptian President Abdel Fattah el-Sissi announced on Sunday that the country's revenues from the Suez Canal have plummeted by 60%,…
AFC to lead $100M financing for Itana’s digital economic zone in Lagos
The Africa Finance Corporation (AFC) has announced its role in leading the financing for Itana's Digital Economic Zone, a project…
Zimbabwe’s new currency falls over 40% amid central bank exchange rate adjustments
Zimbabwe's new currency, the ZiG, has depreciated by over 40% following recent adjustments by the country's central bank aimed at…