World News

Dangote Sets to Buy 12 Million Barrels of Crude Oil from US for Refinery Operations

January 28. 2025/Dangote Group The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States. The refinery resorted to crude importation as local supply challenges hindered the new $20bn refinery’s push to reach full refining capacity. Recall that the refinery plans to reach […]

United Capital Weekly Pan African Monitor Friday 24-January-2025

January 24, 2025/United Capital Research Anglophone West Africa (WAEMU) Nigeria FG, States, LGCs share N1.424 trillion December 2024 revenue The Federal Government, States, and Local Government Councils have shared a total sum of N1.424tn as revenue for Dec-2024. Compared to the N1.727tn shared for Nov-2024 revenue, there was a decline […]

Afreximbank receives AAA/Stable rating from China Chengxin International Credit Rating Co.

The rating puts Afreximbank on a stronger footing as it embarks on fundraising activities in a relatively new capital market as we continue to leverage optimal financial resources into Africa January 20, 2025/Afreximbank China Chengxin International Credit Rating Co., Ltd (CCXI) has assigned an ‘AAA/Stable’ rating to African Export-Import Bank, […]