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NSE’s All Share Index rises by 1.39 per cent
Market capitalization also appreciated by 1.39 per cent to close at N9.703 trillion.
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South Africa’s rand strengthens after central bank holds interest rate
The rand has gained about 4 percent against the dollar this week and 13 percent this year.
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Nestle Nigeria appoints Mauricio Alarcon as Managing Director
Alarcon will succeed Dharnesh Gordhon who has been transferred to Nestle Indonesia.
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South Africa’s inflation rate falls to 5.9 per cent
The inflation figure for August is the lowest rate recorded since December 2015.
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Amnesty accuses Nigerian police anti-robbery unit of torture, extortion
Officers of the Special Anti-Robbery Squad have been accused of brutality against detained suspects and confiscation of property ...
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Guinness Nigeria posts N2.01 billion loss on weak demand
Revenues for the full year ended on June 30, 2016 fell by 14 percent to N101.97 billion.
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Nigeria’s public debt rises by 34 per cent to N16.3 trillion
Nigeria’s total public debt rose 34 per cent mainly due to the impact of the devaluation of the naira on the ...
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Kenya’s central bank cuts benchmark interest rate to 10 per cent
- Kenya’s inflation rate decreased to 6.3 per cent in August from 6.4 per cent recorded in July.
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Nigeria’s central bank holds interest rate at 14 per cent
The Monetary Policy Committee voted to retain the Cash Reserve Ratio at 22.5 per cent and Liquidity Ratio at 30 per cent.
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Lusaka conference to spotlight Zambia’s emerging real estate market
The forum will facilitate networking opportunities for local partners to share ideas with international investors.
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Ghana’s central bank retains benchmark interest rate at 26 per cent
Governor of Bank of Ghana said the MPC left interest rates unchanged after noting an uptick in inflation in August.
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S&P downgrades Nigeria’s sovereign credit rating on weak growth
S&P said it expects a 1 per cent contraction in Nigeria's real GDP growth in 2016, a 2 per cent GDP growth rate in 2017, and ...
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NSE’s All Share Index rises by 1.02 per cent
Market capitalization rose 1.02 per cent to close at N9.57 trillion.
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FG set to release N350 billion for capital expenditure – Adeosun
The Minister said the federal government will set aside N60 billion out of the additional N350 billion for implementation of its ...
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Afreximbank raises $300 million from Chinese and Taiwanese investors
The syndicated facility will help strengthen the role of Afreximbank in the development of trade between Africa and the rest of ...
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Nigeria’s inflation rate increases to 17.6 per cent
Nigeria's Consumer Price Index has now increased for ten consecutive months from 9.4 per cent recorded in November 2015.
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MTN signs $1.3 billion loan agreements
MTN said it has been provided with $1 billion and 4.8 billion rand ($332 million) by local and international banks.
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EU launches investment plan to boost growth in Africa, Middle East
The aim of the plan is to support social and economic infrastructure development and also small and medium scale enterprises.
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Ghana’s inflation rate rises to 16.9 per cent
Ghana's inflation rate had steadily dropped from 18.9 per cent in May to 16.7 per cent in July, before the moderate increase in ...
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Guinness Nigeria to increase exports to boost foreign exchange revenue
Managing Director of Guinness Nigeria Plc said the company will export its flagship Guinness stout and Orijin herbal drink to ...
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Arik Air resumes operations after service disruption
The airline said affected passengers for cancelled flights will be notified via SMS on the resumption of normal operations, and ...
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