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Botswana inflation accelerates to 3 percent
The consumer price indices for Botswana’s regions show that rural villages’ index rose to 3.1 percent in February ...
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Nestle Nigeria grows revenues by 6 percent despite economic slowdown
Nestle Nigeria has proposed a final dividend of N19 per share.
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The Abraaj Group forms new arm to focus on energy infrastructure
Abraaj said the group aims to address the huge power deficit in global growth markets.
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Nigeria’s inflation rises above 11 percent
Food inflation rose 0.71 percent month-on-month to 11.3 percent in February.
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IMF approves $1.5 billion assistance for Kenya
The IMF programme will help Kenya address its balance of payments needs.
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UBA profits rise 25 percent to N60 billion
Gross earnings rose 10 percent to N314.8 billion, from N287 billion in 2014.
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Ecobank issues profit warning due to bad loans
The lower profit warnings are attributed to higher impairment charges on the bank’s non-performing loans.
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Mozambique central bank retains interest rate at 10.75 percent
The central bank said it left the policy rate unchanged because of the effects of rising inflation.
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CBN suspends deputy governor, others over email scam
The CBN reportedly paid $441,000 in the fraudulent transaction, but $251,000 was quickly blocked and recovered after the ...
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NSE All Share Index rises by 0.65 percent
The index rose to 25,988.40 points at the close of trading this week, compared to 25,820.10 points recorded last week.
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MTN refutes Nigeria fine settlement claim
Ferdi Moolman said MTN is still negotiating with the Federal Government of Nigeria.
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NSE transaction volume drops 23.93 percent
On a year-on-year basis, total transactions declined by 55.67 percent in January 2016.
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Barclays Bank Ghana assures on business continuity
Barclays Bank Ghana CEO said ongoing discussions about the future of Barclays does not affect the strategy of Barclays Africa ...
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South Sudanese government forces accused of mass killing
The victims were accused of supporting rebel forces.
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NNPC workers suspend strike, agree to support restructuring
NUPENG and PENGASSAN had declared a nationwide strike stating that the government acted with disregard to due process.
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Guinness Nigeria agrees resolution plan on NAFDAC fine
Guinness Nigeria also agreed to pay N11.4 million to NAFDAC as administrative and service charges.
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IFC, Fidelity Bank Ghana in partnership to expand mobile banking
IFC will provide Fidelity Bank with strategic and technical advice for the expansion of the agent banking service.
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Nigeria’s economy slows to 2.11 percent in fourth quarter of 2015
The Nigerian economy grew at 2.79 percent last year, down from 6.3 percent GDP growth rate recorded in 2014.
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NNPC workers begin indefinite strike on Kachikwu 'disregard of due process'
The Group Executive Committee of NUPENG and PENGASSAN said Kachikwu disregarded due process and failed to engage stakeholders.
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Facebook deepens support for Nigerian start-ups and tech innovators
Facebook introduced developers to the FBStart programme, designed to help mobile startups to build and grow their apps.
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Orange rebrands Egyptian operations further to Africa acquisitions
Orange Egypt contributes over 27 over of the group’s revenues for the Middle East and Africa region.
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