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Apr 04, 2019
Three years after exiting Nigeria’s oil downstream sector, US oil giant Exxon Mobil is reportedly considering the sales of its onshore and offshore assets. Reuters reports the potential disposals could…
Apr 04, 2019
An e-commerce platform, Jiji has announced the acquisition of OLX in Ghana and four other counties in Africa. The details of the deal was made available via a statement by…
The Federal Government of Nigeria recently projected key assumptions in running the 2019 budget. Director-General, Budget Office of the Federation, Mr. Ben Akabueze, rolled out the figures for the key…
Apr 02, 2019
Investors in the Nigerian stock market lost N158bn in March while the market slumped by N48bn in the first quarter of the year. After opening with at 31,721.76 basis points…
Apr 01, 2019
The British pound rose on Monday as investors prepared for parliament to vote on a series of Brexit options, with some hoping that the current uncertainty will end in a…
Apr 01, 2019
The coming on stream of two major business initiatives, the Dangote Refinery and Dangote Fertilizer, is set to make Nigeria a leading exporter of petroleum and fertilizer products. This comes…
South Sudan on Friday opened an investment conference, the first dedicated to post-war funding as the country emerges from five years of brutal civil conflict. The conference, dubbed “Doing Business…
Mar 31, 2019
The  National Agency for Food and Drug Administration and Control (NAFDAC) on Friday destroyed expired, substandard and falsified medical products, and others worth N2.95 billion. The products were destroyed at…
Mar 29, 2019
Retailer Steinhoff will provide the necessary documents to South Africa's capital markets watchdog to enable it to investigate alleged market transgressions, the Financial Sector Conduct Authority (FSCA) said on Thursday.…
Mar 29, 2019
China's Huawei Technologies called on Washington to drop the "loser's attitude" and once again rubbished U.S. allegations its gear could be used by Beijing for spying, as its network business…
Mar 25, 2019
The Nigerian Stock Exchange has revealed that a total of N5.5 billion was recorded as foreign outflows from the stock market for the month of February. This was contained in…
Mar 22, 2019
The management of Air Peace on Wednesday said it was awaiting the outcome of the investigation of Boeing before making a decision on its planned acquisition of 737 Max aircraft.…
Mar 22, 2019
A new report by the FSDH Merchant Bank has revealed that Nigeria’s balance of payment is still fragile and that it was dominated by transactions in the oil and sector.…
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