August 23, 2026
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INTERVIEW: TEF empowers young entrepreneurs who face lack of electricity and other problems in Nigeria and other African nations — Tony Elumelu

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What do you think needs to be done to make Nigeria’s power sector more efficient, particularly in terms of service delivery? In the power sector, there are three parts: generation, transmission, and distribution. Transcorp, through Transcorp Power and Trans-Afam Power, as of today in Nigeria, own the highest generating capacity in the country. We have […]

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Dangote Cement’s commitment to climate change yields dividend

Dangote Cement, Major Contributor to Senegal’s Economic Devt, says Envoy 

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Dangote Cement, Major Contributor to Senegal’s Economic Devt, says Envoy    Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese economy. Besides, the Cement plant located in Pout, 60 kilometres away from Dakar, has greatly assisted in strengthening the business relationship between Senegal and

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Border Closure: Bloomberg report on sole export exemption Misleading --- Dangote

Dangote Cement, Major Contributor to Senegal’s Economic Devt, says Envoy

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Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese economy. Besides, the Cement plant located in Pout, 60 kilometres away from Dakar, has greatly assisted in strengthening the business relationship between Senegal and Nigeria. Dangote Cement Senegal currently holds a capacity of 1.5 million

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Heritage Bank’s YNSPYRE, CREAM Platform April draw produce millionaires

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Heritage Bank’s YNSPYRE, CREAM Platform April draw produce millionaires   Heritage Bank has continually fulfilled its promises to support the Nigerian Creative Industry, as millionaires emerged from the YNSPYRE product in collaboration with the CREAM Platform. The YNSPYRE account holders who subscribed to the platform by dialing *745*463# on all networks won over N12million during

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Petroleum Industry Act marks a significant milestone in the administration of Nigeria’s oil and gas industry --- LCCI

LCCI seeks better interface between regulatory agencies, SMES

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The Lagos Chamber of Commerce and Industry (LCCI) is seeking direct and effective engagements between Small and Medium Enterprises (SMEs) and regulatory agencies for enhanced transactions, communication and responsive feedback mechanism. Dr Muda Yusuf, Director-General, LCCI, made this known in a press statement made available to the media following a study by the Chamber and

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Dangote Cement to pay N40.39 bn in corporate tax

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…ramps up production capacity to meet local demand By Eyo Nsima Nigeria’s Dangote Cement Plc is expected to pay a total of N40.39 billion in taxation to the nation’s treasury from its operational result in the first quarter of 2021. According to the financial result published by the country’s largest cement manufacturer on Friday, April

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AfDB

African Development Bank, IFAD and partners redouble efforts to stop hunger in Africa and strengthen food security

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The African Development Bank (AfDB.org) and the International Fund for Agricultural Development (IFAD), in partnership with the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organization, today pledged to work closely with African leaders to address rising hunger on the continent and shore up adequate financing to transform and modernize Africa’s food

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AfDB

Ethiopia: African Development Fund provides $31.2 million to boost nutrition and end child stunting

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The Multi-sectoral Approach for Stunting Reduction Project (MASReP) will target forty districts or woredas in the country’s Amhara and Tigray regions The Board of Directors of the African Development Fund has approved a grant of $31.2 million to the Government of Ethiopia to increase access to multi-sectoral nutritional services for children under five years, by

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Dany Mawas explains key financial instruments that are great options for beginner traders to get started with

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Online trading is increasing in popularity as more people seek additional and convenient income options. To assist beginners kick-off their trading journeys, Dany Mawas, Regional Director at INFINOX (INFINOX.com) – a globally recognised CFD and FX trading broker which operates in Africa – explains key financial instruments that are great options for beginner traders to

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The banker-turned-poultry farmer becomes champion for African agriculture

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“If we must satisfy Africa’s food security with our growing population, then there must be high commercialization of agriculture. That is modern farming.” – Ayotomiwa Yinka Ogunsua, poultry farmer When Ayotomiwa Yinka Ogunsua got a job as a loan officer at a microfinance bank in Ibadan, Nigeria, after graduating from university, he thought he’d done

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