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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…
Sep 10, 2018
French oil major, Total and the Nigerian National Petroleum Corporation (NNPC) as well as their project partners will launch Egina crude at this year’s Asia Pacific Petroleum Conference (APPEC) in…
Sep 10, 2018
India has overtaken the Netherlands as Nigeria’s major export trading partner in the second quarter of 2018, according to the National Bureau of Statistics (NBS). The NBS had ranked the…
The Nigerian Stock Exchange (NSE) is now ranked the worst performing equities market in the African continent as the Year-to-Date (YTD) return of the All-Share Index (ASI) worsened. The YTD…
China has agreed to restructure some of Ethiopia’s loans, including a loan for a four billion dollars railway linking its capital Addis Ababa with neighbouring Djibouti, Ethiopia’s Prime Minister Abiy…
Sep 07, 2018
The Chinese Government has expressed readiness to invest N2.16 trillion ($60 billion) in Africa in the next three years.   The Consul-General of the People’s Republic of China in Lagos,…
Sep 06, 2018
More Kenyans believe that China constitutes the biggest threat to the country’s economic and political development than the United States of America, a survey shows.   The survey by Ipsos…

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