Business & Economy

Africa’s richest man, Aliko Dangote, adds $5.2 billion to net worth in nearly four years 

Over the course of nearly four years, Aliko Dangote, President of Dangote Group and Africa’s richest man, has witnessed a substantial growth in his...

Zenith Bank appoints Adamu Lawani and Louis Odom as executive directors

The Board of Directors of Zenith Bank Plc has announced the appointments of Mr. Adamu Saliu Lawani and Mr. Louis Odom as Executive Directors...

Shell Nigeria paid $1.09 billion tax, royalties to FG in 2023- Official

Shell has revealed that it paid the sum of $1.09 billion in corporate taxes and royalties to the Federal Government in 2023, highlighting its...

Ethiopia earns $835 million in nine months from coffee export

An Ethiopian industry institution has revealed that coffee exports have earned the African country over $835 million in revenue over the past nine months.   According...

Explainer: Is CBN’s cybersecurity levy 0.5% or 0.005%?

On May 6, 2024, the Central Bank of Nigeria (CBN) issued a directive for banks and other financial institutions to start deducting a cybersecurity...

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