Guinness Nigeria plans to seek shareholder approval to raise 40 billion naira ($127.19 million) via a rights issue on Tuesday to boost its balance sheet, the company said. The company, …
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Economy
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Africa’s no. 3 oil producer Equatorial Guinea has presented an offer to join the Organisation of the Petroleum Exporting Countries (OPEC) this year and has agreed to production cuts, its …
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The Senate will begin debate on the 2017 appropriations bill submitted by President Muhammadu Buhari this week. Both chambers of the National Assembly Senate had last week passed the Medium …
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Ghana’s new government plans to review its $918 million programme with the International Monetary Fund because it may need more money for its spending plans, a minister-designate said on Friday. …
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Ghana’s new government plans to review its $918 million programme with the International Monetary Fund because it may need more money for its spending plans, a minister-designate said on Friday. …
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The International Monetary Fund (IMF) logo is seen at the IMF headquarters building during the 2013 Spring Meeting of the International Monetary Fund and World Bank in Washington, April 18, …
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REUTERS photo A Chinese official has admitted his province falsified its economic data for years, state media said on Jan. 18, as the country prepares to release its national growth …
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General Motors Co on Jan. 17 confirmed it will invest an additional $1 billion in its U.S. factories in 2017 and will move some parts production from Mexico to the …
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Nigeria’s efforts to secure funds from international lenders to help haul it out of recession have stalled because it has not submitted the required economic reform plans, according to one …
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Founder and Chief Executive of the Dangote Group Aliko Dangote Africa’s richest man Aliko Dangote has partnered with China’s heavy duty truck group Sinotruck to set up a $100 million …