Africa’s wealthiest man, Aliko Dangote, and the Minister of Finance, Dr. Ngozi Okonjo-Iweala, have been named among the 100 most influential persons on earth by the Time Magazine. Microsoft Founder and Co-Chair, Bill and Melinda Gate Foundation, Mr. Bill Gate, wrote a tribute in honour of Dangote in commemoration of […]
Author: InvestAdvocate
Ghana, Zambia Most at Risk as Deficits in Africa Widen: IMF
Fiscal deficits in sub-Saharan Africa are rising, with Ghana and Zambia the most at risk if there’s a sudden reversal of foreign inflows, the International Monetary Fund said. Budget shortfalls in the region “are elevated considering the prevailing high growth and still high commodity prices,” Antoinette Sayeh, director of the […]
Unity Bank Records 26% Increase in Q1 Profit
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Unity Bank Plc Thursday said it has recorded a 26 percent (26%) increase in profit after tax (PAT) in its first quarter (Q1) report for the period ended March 31, 2014. Its PAT climbed to N2.670 billion in Q1 2014 from N2.123 […]
