General Electric said it has divested from transportation and handed over the leadership of a consortium chosen to run a Nigerian rail…
Economy
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The Central Bank of Nigeria (CBN) has warned that electronic fraud losses in the banking system would reach N6.1 trillion by 2021.…
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EconomyFinanceNews
Afreximbank launches facility to raise viability, bankability of African projects
The African Export-Import Bank (Afreximbank) has launched a project preparation facility aimed at increasing the availability of viable well-prepared projects in Africa…
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Nigeria’s Main One Cable Co took responsibility for a glitch that temporarily caused some Google global traffic to be misrouted through China,…
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Plans by South Africa’s ruling African National Congress (ANC) to change the constitution to allow the expropriation of land without compensation have…
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The just-concluded Africa Investment Forum successfully convened key stakeholders and provided a platform for effective dialogue to drive investments into the continent.…
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The Nigeria Employers’ Consultative Association (NECA) has expressed its shock and utter dismay at the gruff actions and jungle behaviour of…
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MTN Group will apply for a mobile banking licence in Nigeria and plans to launch the service next year, its CEO said,…
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The Central Bank of Japan has become the first among G7 nations to own assets collectively worth more than the country’s entire…
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Nigeria’s 3, 050 Megawatts Mambilla Power Plant will cost $5.72 billion, the minister of Power, Works and Housing, Mr. Babatunde Fashola has…
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Teleology has taken full control of 9mobile and constitute a new Board of Directors for the telecommunication company following the successful completion…
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Germany will lure thousands of finance jobs to Frankfurt from London after Britain exits the European Union — if the country’s Finance…
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Kenya will in November sell 20-year amortised infrastructure bond worth 50 billion shillings (489 million dollars) just as Zimbabwe pushes to privatise…
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The African Development Bank (AfDB) has set five priorities elements to fast-track Africa’s economic transformation. The priorities are light up and power…
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The World Economic Forum has joined the Paris call for Trust and security in Cyberspace by President Macron of France. The initiative…