African Equity Market: On The Path Of Recovery

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Despite the COVID-19 pandemic that has engulfed the African continent since Feb-2020 and the associated lockdown measures that were put in place by the...

Delivering On The Y’ello Hope Promise: MTN Foundation Contributes Over 70,000 Items Of Personal...

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Following MTN’s commitment of N500 million to support the acquisition of critical medical supplies for healthcare professionals on the frontlines, the MTN Foundation has...

In Niger, a ‘crazy idea’ to restore degraded land pays off

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February 21, 2020, was a day of celebration in Koné Béri, Niger. People gathered in the village for a ceremony 14 years in the...

Jaiz Bank Boosts SMES Through FOREX

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Jaiz Bank Plc, the premier non-interest bank in Nigeria has resumed selling of foreign exchange to operators of Small and Middle Enterprises (SMEs) to...

LASG Begins Periodic Fumigation of Ministries and Agencies

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As part of continuing measures to control the spread of Coronavirus, the Lagos State Government has commenced the periodic disinfection of its Ministries, Departments...

EQUITIES MARKET: NSE ASI Rises Marginally by 0.25% as the Rally in Crude Oil...

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In the just concluded week, the Lagos bourse revved, howbeit mildly, to close in green territory as rally in crude oil prices market slowed....

Oil Prices Slide As U.S.-China Tensions Spike – Report

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OilPrice.com Oil prices have held onto the gains from the last few weeks, but the recent rally seems to have stalled as demand shows signs...

CBN approves relief on OFI loans

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The Central Bank of Nigeria has approved moratoriums on CBN facilities managed by Other Financial Institutions (OFIs). It reduced the interest rates on these...

Nigeria Q1’20 GDP – Economic growth slows to 1.87% y/y in Q1’20

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Economic growth in Nigeria slowed to 1.87% in the January-March quarter from a year ago, according to the GDP data released by the National...

Cabo Verde: African Development Bank Group Approves 30 Million Euros Loan To Fight COVID-19

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The Board of Directors of the African Development Bank has extended a loan of €30 million to Cabo Verde to help the West African island...

All Set For Second Edition Of Konga Live Auction On Monday

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Excitement and anticipation have reached fever-pitch for the June edition of the live online auction pioneered by foremost composite e-commerce giant, Konga. A monthly affair...

Bolt Raises ₦50.1 Billion To Restore Operations As Cities Re-Open

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Bolt, a transportation company, raised $109 million in new funding round from London-based investment firm, Naya Capital Management. Bolt is now valued at $1.9...