The new Africa presents the continent’s youth with an excellent battleground to join and wage the economic struggle that will finally liberate…
Business News Report
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The Central Bank of Nigeria has said that it has not devalued the Naira and warned currency speculators and their collaborators that …
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Royal Dutch Shell’s onshore Nigeria subsidiary saw a 41% rise in the number of crude oil spills due to theft or pipeline…
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Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has proposed the appointment of Geoffrey Okamoto as First Deputy Managing Director,…
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British stocks joined a global rout on Thursday, leading to the worst single-day percentage drop since 1987 on concerns the world-wide economy…
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In order to ensure government’s efforts in improving the business climate in Nigeria are translated into long term sustainable growth for the…
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In today’s trading session, price depreciation in MTNN (-10.0%), GUARANTY (-9.1%) and ZENITH (-10.0%) dragged the All-Share index down to 22,695.88 points. Consequently, investors lost ₦457.0bn as market…
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BusinessFinanceNews
Africa’s richest woman, Ogun State First Lady, others celebrate FCMB SheVentures at 1
On March 5, 2020 leading lender First City Monument Bank celebrated the first year anniversary of SheVentures, its exclusive proposition for women…
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BusinessEconomyFinanceNews
CBN to deploy additional measures to strengthen buffers, insulate economy from global headwinds
Governor Central Bank of Nigeria Mr. Godwin Emefiele has said that the CBN “working with the fiscal authorities, will not hesitate to…
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The bloodbath continued in today’s trading session as price decline in DANGCEM (-10.0%), NESTLE (-10.0%) and ZENITH (-7.7%) dragged the All-Share index down…
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BusinessEconomyFinance
Receivables finance Can Help Close Africa’s $90bn SME Financing Gap— Kenya Central Bank Governor
Governor of Central Bank of Kenya Dr. Patrick Njoroge, has said that receivables finance is an important tool that can help to…
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BusinessEconomyNews
Government investment, growth in tourism sectors shields African economies amid slowing global GDP growth
According to a new report, Africa’s medium-term tourism prospects remain promising, supported by improvements in infrastructure, better air transport connectivity and easing…
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The International Monetary Fund IMF, has said that The United Kingdom announced a package of measures to respond to the economic challenges…
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The World Economic Forum said that the dramatic spread of COVID-19 has disrupted lives, livelihoods, communities and businesses worldwide. But the sum…
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MTN Group Ltd, Africa’s largest mobile network by subscribers, said on Wednesday Chief Executive Officer Rob Shuter would step down at the…