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NSE’s All Share Index rises by 7.46 per cent as bullish sentiments return
The All Share Index recorded one of its highest weekly gains in 2017 last week.
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IFC to invest $20 million in Africa Local Currency Bond Fund
The ALCB fund mobilizes domestic capital to invest in local currency bonds, which can provide a source of finance for businesses ...
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New fund aims to make Norway global leader in artificial intelligence
The United Kingdom is the current AI leader in Europe, with early phase investment of over $800 million.
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AfDB to promote African fashion industry at annual meetings in India
AfDB will host a fashion show and panel discussion to promote the opportunities in Africa’s fashion ...
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Germany, SAP launch digital literacy programme for girls in Africa
African women are 1.6 times more likely to report a lack of digital skills as a barrier to their involvement in the digital ...
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Ian Bremmer to deliver keynote speech at AFC summit in Abuja
The AFC is celebrating a decade of pioneering infrastructure investment and project development, over which period it has ...
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DOB Equity invests $4 million in Kenyan warehousing firm
The investment will enable Africa Logistics Properties expand its operations across East Africa.
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Risks persist in Nigerian banking sector despite good results – Fitch
Notwithstanding the buoyant 2016 financial results posted by Nigerian banks, Fitch said significant financial risks persist in ...
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Africa needs to tackle investment and credit risks to spur growth – ATI
ATI said it is imperative for African governments to focus on economic diversity to maintain growth while addressing risks to ...
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AfDB, Egypt host workshop on the role of female journalists in Africa
About 47 female journalists from 30 African countries are participating in the workshop, which has the theme: African Media ...
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Medview Airline acquires new aircraft as operations begin on Dubai route
The airline said its Dubai route would commence with two weekly flights.
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Sub-Saharan Africa to record modest growth recovery in 2017 – IMF
IMF said the challenges facing sub-Saharan African countries require strong and urgent policy actions to restart growth where it ...
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UK, Nigerian risk management bodies partner to strengthen cooperation
The Chartered Institute of Loan and Risk Management of Nigeria members will benefit from belonging to a global network of risk ...
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FG seeks $5.2 billion World Bank financing for power sector recovery
The Power Sector Recovery Programme aims to reduce losses in the distribution companies, enhance the sector’s financial ...
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MTN signs agreement to invest $295 million in Iranian telecoms company
Under the agreement, MTN will buy a 49 percent stake in Iranian Net and help the Iranian company develop a fibre network over ...
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Lafarge Africa to seek shareholder approval for N140bn via rights issue
The rights issue is expected to allow Lafarge Africa shore up its depleted cash reserves as the company faces a challenging ...
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Rencap sees pockets of value in Sub-Saharan Africa despite weak growth
In Nigeria, Rencap said the new foreign exchange window created by the Central Bank of Nigeria for investors and exporters ...
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Seven Energy, others improve cash flows on rising oil prices - Fitch
Liquidity positions are generally improving, but they could deteriorate quickly if there were a further sustained fall in oil ...
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Discover Digital to roll out video-on-demand service across Africa
The company said it is building in-market content distribution networks and local caching to support higher quality video ...
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CBN says forex ban on 41 items remains in place
The CBN denied media reports that it has scrapped its foreign exchange ban on some 41 imported items tagged as “ineligible ...
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BBM launches mobile TV streaming service in Nigeria
DiscoverTV allows BBM users to watch a variety of award-winning short-form shows ranging from movies, cartoons, and ...
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