Most Recent World News

Investors Injected $6B In Nigeria’s ICT Sector In Three Years – Minister

Nigeria’s telecommunications, one of the fastest growing sector in the west African country, attracted over $6 billion in foreign direct investments (FDI).

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Nigerian Banks Raised U.S.$2.5 Billion to Fund Acquisition of Shell Oil Blocks

The Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, has stated that his bank and some other.

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Kenya Cuts Maximum Retail Prices Of Oil

Kenya’s Energy Regulatory Commission cut the maximum retail prices of petroleum products on Sunday. Kenya’s Energy Regulatory Commission cut the maximum retail.

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FOREX Africa: How Will Oil Price Collapse Affect Africa’s Big Three Economies?

As a frontier market, the countries of Africa represent both tremendous opportunities and tremendous risks. On the risk side of the ledger.

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GE and Heirs Holdings Partner to expand footprint in the Oil And Gas Services Sector

General Electric (GE) and Heirs Holdings (HH) have agreed to expand their existing relationship to jointly pursue opportunities in Nigeria’s Oil and.

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$500M E-Commerce Platforms Emerge in Africa, Middle East

While 140 million Americans were shopping over this Black Friday holiday here, millions more were shopping online on two huge retailers whose.

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President Goodluck Jonathan Hosts CEOs Of The Top 100 Businesses In Nigeria

President Jonathan yesterday Nov. 1st hosted the Chairmen and CEOs of the Top 100 businesses in Nigeria at the Banquet Hall of.

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Ex-Im Bank Finishes Fiscal Year Strong, Providing over $5 Billion to Finance U.S. Small Business Exports and Supporting over 160,000 American Jobs

Washington, D.C. – The Export-Import Bank today unveiled its total authorizations and the value of the U.S. exports it supported in Fiscal.

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Nigeria’s Foreign reserve now $38bn — Okonjo-Iweala

The nation’s foreign reserve currently stands at $38 billion, the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala,.

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New Development Financing Models for Africa

By Bunmi Oloruntoba If Africa’s growth and dynamism is to be sustained, the continent’s ability to finance future infrastructure development cannot be.

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