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Jul 28, 2018
President Vladimir Putin of Russia said on Friday BRICS leaders were not ruling out the possibility of increasing the number of the bloc’s member states, but the decision on accepting…
Jul 27, 2018
The Competition Commission believes British American Tobacco's (BAT) plan to buy e-cigarette company Twisp would lead to higher vaping prices in South Africa. BAT is already a global e-cigarette player…
Jul 26, 2018
Its average price for a megabyte of data declined 17.1% in the months of April, May, and June, Vodacom reported in quarterly results Tuesday morning – and it is very…
Jul 26, 2018
South Africa invests eight times more in China than the other way around. The $14.7 billion (R193 billion) in Chinese investments – which include loans to Transnet and Eskom –…
To get the new national carrier off its feet, the Federal Government will be injecting about N3.168billion ($8.8million) as the startup capital for Nigeria Air.   The provision, among others,…
Jul 25, 2018
Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday tasked the Federal Government to do everything within its powers to revive existing Ports in other States of the federation so as…
China would invest 14.7 billion dollars in South Africa President Cyril Ramaphosa said on Tuesday after talks between the two countries, news that sent the rand one percent firmer.  …
Nigeria’s consumer prices rose at the slowest pace in 2 1/2 years in June as food costs climbed the least since March 2016.   The annual consumer inflation rate was…
Jul 19, 2018
The United State (U.S) product imports from the Organisation of the Petroleum Exporting Countries (OPEC) member countries dropped by 23 thousand barrels per day (tbpd) compared to a month before…
Jul 18, 2018
Some major stakeholders on Monday have expressed their worries over the signing of the Africa Continental Free Trade Agreement (AfCFTA). They said it was too early for Nigeria to sign…
Jul 16, 2018
Aliko Dangote has made a fortune out of cement and food processing. Now, Africa’s richest person is embarking on a bigger challenge: a $15 billion investment in oil, gas and…
Jul 16, 2018
Economic uncertainties and slowdown of market activities have continued to weaken investors’ appetite for equities on the floor of the Nigerian Stock Exchange (NSE) as the All-Share Index and market…
After 25 years of operations that kicked off in Abuja, the African Export-Import Bank (Afreximbank) said it has mobilised no fewer than $65 billion worth of loan syndications for trade financing and…
Persistent price depreciation in the shares of most highly capitalised firms on the Nigerian Stock Exchange (NSE), yesterday dragged the All-share index further by 0.07 per cent. Specifically, at the…

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