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Lagarde steps down as IMF managing director
She has been nominated as candidate for President of the European Central Bank.
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Nigeria’s inflation rate drops to 11.22 per cent
The Consumer Price Index, which measures inflation, fell in June, after rising for two consecutive months.
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Borlaug-Adesina Fellowship Programme opens application process
The Borlaug-Adesina Fellowship Programme seeks to support a new generation of agricultural scientists and innovators across ...
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Nigeria's population in multidimensional poverty rises to 98.2 million
The new report shows 1.3 billion people across the globe are “multidimensionally poor,” which means they lack access ...
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Nigerian police, lawmakers and government officials most corrupt – TI
TI said corruption is hindering Africa’s economic, political and social development.
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South Africa grants visa-free access to Ghana
Apart from Ghana, the six other countries that South Africa has granted visa-free access are Qatar, United Arab Emirates, Saudi ...
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Chinese venture capitalists invest $50m to drive OPay's Nigeria expansion
OPay will use the new capital to strengthen the company’s position in Nigeria and expand to more African markets.
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AfDB seeks membership of more countries in Africa50
The AfDB established Africa50 as an investment vehicle that will focus on high-impact national and regional projects, mostly in ...
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Nigeria’s public debt rises to N24.95 trillion
The ratio of public debt to gross domestic product (GDP) was 19.03 per cent as at 31st March, 2019.
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Global clean energy investment drops 14 per cent to $118 billion
A hiatus in renewable energy project deals in China, the world’s biggest clean energy market, pushed down global ...
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Airtel Africa listing adds N1.36 trillion to NSE market capitalisation
Airtel Africa's stock jumped 10 percent from its offer price to close at N399.30 per share on Tuesday.
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Nigeria ranks lowest on Oxfam's regional Reducing Inequality Index 2019
According to Oxfam, five of Nigeria’s richest men have a combined wealth of $29.9 billion – more than the ...
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ECA says African free-trade zone must change lives, reduce poverty
The Assessing Regional Integration in Africa report recommends the AfCFTA should be effectively operationalised and leveraged as ...
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Nigerian Stock Exchange postpones Airtel Africa listing
Airtel Africa was scheduled to make a secondary listing of 3,758,151,504 ordinary shares on the Nigerian bourse on July 5.
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CBN directs banks to maintain 60 per cent loan-to-deposit ratio
The CBN said the move will boost growth of the Nigerian economy through investment in the real sector.
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FCMB opens new branch in Ife, reiterates commitment to excellent service ...
Among the dignitaries that graced the launch of the branch were the Ooni of Ife, Oba Adeyeye Ogunwusi (Ojaja II)
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ARC, others host training on index and disaster risk insurance
The training will help to build the knowledge of African governments, the private sector and the international community to ...
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Obasanjo calls on Nigerian government to sign the AfCFTA agreement
The former president said the country has no justifiable reason for not signing the African Continental Free Trade Area ...
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Buhari appoints new Group Managing Director of NNPC
Mele Kolo Kyari's appointment as the 19th GMD of the national oil company takes effect on July 8, 2019.
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Nigeria to provide digital identification of all citizens by 2024
The DG of NIMC said Nigeria needs a unique digital ID platform to enhance governance, help citizens to participate in the ...
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Nigeria's financial messaging traffic grows by 32.1 per cent – SWIFT
SWIFT says rising traffic volumes can be an indicator of economic growth.
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