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AfDB launches $55 million fund to fight corruption in African countries
The Africa Integrity Fund will support measures targeted at accelerating the repatriation of stolen assets and alleviating the ...
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Political risk insurance surges ahead of Kenya’s upcoming elections
Kenya witnessed one of the worst sectarian crises in its history in the aftermath of the 2007 presidential elections.
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Shell closes Escravos flow station due to protests
The protests led to the shutdown of power and water supplies as well as crude production.
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Group seeks to reduce pneumonia burden in Nigeria
Every Breath Counts says Nigeria has the second highest pneumonia mortality in the world.
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MasterCard supports initiative for secondary education in East Africa
Partnership to Strengthen Innovation and Practice in Secondary Education has announced an $8 million calls for proposals.
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Again, CBN warns against patronage of unlicenced money transfer operators
A list of all the 35 licenced IMTOs can be found on the CBN’s website.
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Nigeria's population reaches 182 million – NPC boss
The National Population Commission's DG said the population growth presents an opportunity but can also become a risk if not ...
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Skye Bank plans to sell overseas subsidiaries to raise capital
Skye Bank is looking to sell off its majority stakes in the bank’s subsidiaries in Guinea, Gambia, and Sierra Leone.
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Nigeria reaches $5 billion settlement with oil majors
The NNPC signed the settlement deal with Total, Eni, Chevron, Royal Dutch Shell, and ExxonMobil.
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New study advocates funding for universal access to essential medicine
The Lancet highlights the problem of poor medicine quality that many poor countries face.
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AfDB approves $1 million grant for nutrition campaign in Borno
The AfDB said its funding will strengthen the government’s efforts in combatting malnutrition as well as other efforts by ...
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West African Monetary Zone grows payment traffic by 15.8% – SWIFT
Africa remains the fastest growing region globally for payments traffic with a rise of 13 per cent.
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Ajinomoto acquires 33.33 per cent stake in Promasidor
The acquisition will enable Ajinomoto to become a leading player in the African food market.
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Industrial robots threaten low-wage jobs in developing countries – UNCTAD
The policy brief advises developing countries to tax robots and to prevent the rising inequality - caused by loss of low-skilled ...
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Nigeria records 33.7% drop in foreign capital imports
Total capital importation for the third quarter of 2016 declined by 33.7 per cent to $1.82 billion.
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NSE’s All Share Index declines by 1.15 per cent
On a year-to-date basis, the index has depreciated by 5.8 per cent.
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Erisco tomato plant to shut down on FX scarcity, declares N3.6bn losses
Erisco Foods accused the government of sabotage and double-standard, stating that some government agencies allow importation of ...
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Nigeria’s banking sector loans reach N16.19 trillion
Commercial banking credit to the oil and gas sector rose by 40 per cent to N4.85 trillion; loans to government increased by 121 ...
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Airtel to receive $129 million from Zain to settle Econet litigation
Airtel said the payment will also settle the litigation brought by Econet Wireless Limited over its 5 per cent stake in Airtel ...
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Rwandan government and IFAD sign $65mn agreement to support dairy farmers
The new project will improve milk quantity and quality, farmers’ processing capacity and support the development of dairy ...
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AfDB launches Fashionomics at Lagos Fashion and Design Week
The Fashionomics initiative will operate an online platform to expose African designers and other stakeholders to the global ...
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