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Sep 21, 2018
South African food hauler AfriAg Global PLC is seeking a licence to grow dagga in the UK. The company has engaged London office of law firm, Hill Dickinson LLP, to…
Sep 20, 2018
Castle Milk Stout has been hit by a complaint to the Advertising Standards Authority following a campaign to publish clan names on beer cans.   An aggrieved consumer believes this…
Sep 19, 2018
As part of advancing regional economic integration, the leaders of Ethiopia and Eritrea signed an agreement to establish joint special economic zones.   “The two countries will develop Joint Investment…
Sep 19, 2018
The Federal Government has sold its 21 percent stake in the Nigeria Security Printing and Minting Company (NSPMC) to the Central Bank of Nigeria (CBN). The instrument to transfer 12.69…
Sep 18, 2018
One of South Africa's biggest companies is shaking things up. Media giant Naspers says it will unbundle its pay-TV unit. Naspers plans to list MultiChoice as a separate stock. The company says…
Zainab Ahmed, who is acting minister of finance, said Monday that Nigeria’s economy faced “challenging times” as she formally assumed duty. President Muhammadu Buhari appointed her to oversee the finance…
Sep 15, 2018
Volkswagen will stop making its iconic Beetle after nearly seven decades on the market, the German carmaker announced.   The first Beetles rolled off production lines in 1938. Their increasing…
The Nigeria’s inflation rate has rebounded in August for the first time since January 2017 after recording 18 consecutive months of downward trend, according to the National Bureau of Statistics…
Sep 14, 2018
Following declines in the value of shares of Nestle Nigeria, Guaranty Trust Bank, Zenith Bank and other highly capitalized stocks, the trading activity on the floor of the Nigeria Stock…
Sep 14, 2018
Twenty four states of the federation sold Petroleum Motor Spirit (PMS), otherwise known as petrol, at an average price of over N145 per litre in August, according to a new…
Sep 14, 2018
The US has not granted South Africa an exemption on its increased steel and aluminium tariffs, this after the department of trade and industry (DTI) made representations to the US…
Sep 13, 2018
Deep and liquid local debt capital markets have reduced the need for South African companies to borrow abroad, making them less vulnerable to a financial crisis than peers in Turkey…
Sep 12, 2018
President Muhammadu Buhari said Chinese loans to Nigeria were not “debt trap” as being purported, noting that the nation was able to repay all the loans as and when due.…
The free fall of equities persisted on the Nigerian Stock Exchange (NSE) in the month of August with investors net worth depreciating further by 5.86 per cent.   Data obtained…

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