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Sunday, 29th March, 2020
 Business News:
Nigeria: (Mar 28, 2020) - International Monetary Fund Managing Director Kristalina Georgieva in Washington, DC on Friday said “it is clear” that world has “entered a recession as bad or worse”...
Nigeria: (Mar 23, 2020) - Africa’s richest man Aliko Dangote on Wednesday lost more than N240 billion in five hours as the effect of the coronavirus bit harder on the Stock Exchange. The World Health...
Nigeria: (Mar 20, 2020) - In a bid to take some basic precautions against the deadly coronavirus, Banks in the country have urged their customers to utilise their digital self-service solutions. Fidelity...
Nigeria: (Mar 17, 2020) -  The Central Bank of Nigeria (CBN) on Monday announced  N50 billion credit facility  for Micro, Small and Medium Enterprises (MSMEs) hard hit by Coronavirus (COVID-19). The...
Nigeria: (Mar 17, 2020) - The Republics of Togo, Niger and Benin owe Nigeria a total of N29.97bn for the electricity supplied to them from January to September last year, according to the Nigerian Electricity...
Nigeria: (Mar 15, 2020) - Africa’s richest man, Aliko Dangote has identified Nigeria’s large domestic market as an incentive to import substitution and diversification of the domestic economy. Dangote,...
Nigeria: (Mar 12, 2020) - Africa’s richest man and the President, Dangote Industries Limited, Aliko Dangote, will begin oil production in July from two assets he acquired from Royal Dutch Shell Plc. Dangote...
Nigeria: (Mar 08, 2020) -   Facebook offices in London have been reportedly closed after one of the employees was diagnosed with coronavirus. According to a report by Sky News, Facebook is closing...
Nigeria: (Mar 04, 2020) - As if a recession wasn’t enough bad news for South Africa, it’s now confirmed as the continent’s second-largest economy. The answer to the question of whether South...
Nigeria: (Feb 29, 2020) - The Dangote Group on Saturday said its $2 billion Granulated Urea Fertiliser plant, the biggest in the world, located at Ibeju Lekki, Lagos would begin operation in May. Aliko Dangote,...
Kenya: (Feb 26, 2020) - Although many Kenyan companies doing business with Tanzania may not publicly admit it, they are caught up in a cold war that threatens to freeze them out. They accuse the neighbour...
Nigeria: (Feb 19, 2020) - The World Bank on Tuesday approved six projects worth about $2.2bn for implementation in Nigeria in the 2020 fiscal year. The management of the bank had met to deliberate on a request...
Nigeria: (Feb 18, 2020) - On Monday the International Monetary Fund (IMF)  lauded the Federal Government on its economic reform policies, especially on the Finance Act and the Deep Offshore Basin Act. The...
Nigeria: (Feb 16, 2020) - The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed says the Federal Government through Bank of Industry (BoI) has approved facility of about seven billion naira...
Nigeria: (Feb 13, 2020) - For the ninth year in a row, Aliko Dangote of Nigeria has been declared as the wealthiest person in Africa, with an estimated net worth of $10.1 billion. In the latest ranking of...
Nigeria: (Feb 08, 2020) - The National Bank of Rwanda has maintained the Key Repo rate at 5 per cent following the Monetary Policy Committee meeting held on Friday February 7. The key repo rate is the maximum...
Nigeria: (Feb 05, 2020) - China- Airbus has closed its aircraft production facility in Tianjin, near the Chinese capital Beijing, due to the coronavirus outbreak, the aircraft manufacturer said on Wednesday. “China...
Nigeria: (Feb 04, 2020) -     Poverty rate in more than half of the 36 states of the nation is above the national average of 69 per cent, the African Development Bank has said. The bank said...
Nigeria: (Jan 17, 2020) -  Mrs Zainab Ahmed, minister of Finance, Budget and National Planning on Thursday disclosed that the implementation of the 7.5% Value Added Tax (VAT) commences February 1, 2020,...
Nigeria: (Jan 14, 2020) - Aliko Dangote, Nigerian business magnate has once again declared his intention to buy Arsenal Football Club. Dangote, Africa’s richest man, has previously made a number of statements...
Nigeria: (Jan 05, 2020) - The Chief Executive Officer (CEO), Air Peace, Mr. Allen Onyema, has underscored the need for massive investment in Nigeria’s agricultural sector to achieve the Federal Government’s...
Nigeria: (Jan 01, 2020) - Africa’s richest man, Aliko Dangote became $4.3 billion richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar, according to Bloomberg.com...
Nigeria: (Dec 29, 2019) -  CAIRO- Egyptian Metro Company prepares to launch a global tender to select a company to implement a new digital payment system while booking tickets at subway stations. Last...
Nigeria: (Dec 28, 2019) - Turkey unveiled its first domestically designed automobile prototypes on Friday – a sport utility vehicle (SUV) and a sedan. The fully electric SUV is expected to have two...


 
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