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Business
How Africa Can Lead the Financial and Crypto Revolution
An op-ed by Julien Barbier
With its mass adoption of new technologies, Africa has the opportunity to create the next disruptive startups and the global leaders of tomorrow.…
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President Ramaphosa: July Violence Exposed Inequalities in South Africa
South African President Cyril Ramaphosa on Friday said the unrest in July in Kwa-Zulu Natal and parts of Gauteng had exposed social and economic inadequacies in the country.
Speaking…
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NNPC to Purchase 20% Equity Stake in Dangote Refinery
The Nigerian National Petroleum Corporation (NNPC) plans to acquire a 20% minority equity stake in Africa's biggest oil refining facility, Dangote Refinery, Lagos.
The…
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Industrialization is Key to Building a Strong Supply Chain- Dr. Jadesimi
The Managing Director of LADOL Free Zone, Dr. Amy Jadesimi, has said that only industrialization can help build a strong supply chain.
Jadesimi who was a guest speaker at…
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FG: Nigeria to Anticipate Oil Yields From New Marginal Fields in 2022
The Federal Government has expressed anticipation of oil yields from marginal fields in 2022. Mr. Sarki Auwalu, Director/ Chief Executive Officer at the Department of Petroleum…
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Speedtest Global Index Reveals Top Ten African Cities With Highest Internet Speeds in Q1, 2021
Speedtest Global Index, a US-based internet analytics company, has shown in its data that Johannesburg and Pretoria, two South African cities, are leading as the top ten African cities…
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Lotus Bank Gets Non-Interest Banking License
The Central Bank of Nigeria (CBN) has granted a non-interest banking license to Lotus Bank Limited.
This was revealed in a statement titled CBN grants Lotus Bank license to commence…
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Buhari Flags off Commercial Operations of $1.5 Billion Lagos-Ibadan Railway Project
Emoabino Christian
President Muhammadu Buhari, on Thursday 10th June 2021, flagged off commercial operations of the $1.5 billion Lagos-Ibadan railway project at the…
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World Bank Update on Nigerian Economic Update
In 2020 the Nigerian economy shrank by 1.8%, its deepest decline since 1983. The COVID-19 crisis drove the economic slowdown; the external context was marked by capital outflows,…
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Naira Devaluation Affects Nigerian Economy
Nigerian businesses groan as naira devaluation bites economy.
The Central Bank of Nigeria's decision to devalue the naira has been a heavy burden on businesses and consumers.
At the…
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