Author: The Editorial Staff

Former Ecobank group CEO, Arnold Ekpe, makes a notable comeback to the economic scene. He takes over as chairman of the board of Dangote Sugar Refinery Plc, succeeding conglomerate founder Aliko Dangote, who is stepping down after nearly two decades at the helm of the company. The announcement was made on June 11, 2025 through an official company communication. Mr. Ekpe’s assumption of office is effective from June 16, 2025. His selection follows a rigorous selection process aimed at ensuring strategic continuity at the helm of this Nigerian agro-industry flagship. With an engineering background and an MBA from Manchester Business…

During the first quarter of 2025, the state budget recorded a surplus of around 2 billion dinars (approximately 591.4 million euros), an increase of 74% compared to the same period in 2024 (1.2 billion dinars), according to the provisional results of the budget execution published by the Ministry of Finance. This performance is mainly due to a 3.9% increase in revenues, which reached 12.5 billion dinars, including: tax revenues +7.7% (11.2 billion dinars), non-tax revenues +2% (nearly 1.2 billion dinars). Expenses remained relatively stable at 10.3 billion dinars (-0.6%). However, certain categories saw changes, including: salaries +3% (increasing from 53.1…