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Commonwealth candidate Masambu elected DG of International Telecommunications...

Shola Taylor (right), Secretary-General of CTO congratulating Patick Masambu (left), Director-General of ITSO           Patrick Masambu, a Uganda citizen and former chairman of the Council of the...

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Dangote starts construction of $2 billion fertilizer production plant

Dangote logo         Fertilizer imports into Ghana and the West Africa sub-region especially from abroad is expected to drop drastically by the third quarter of next year. This follows cement...

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Stanbic IBTC Pension Emerges ICT Winner, Thank customers

Stanbic IBTC Pension logo         Top pension operator Stanbic IBTC Pension Managers Limited, has won the Africa Pension Awards’ ICT Innovation Operator award for 2016. The award, presented at the...

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FG Urged to Roll Out National Policy on Alternative and Renewable Energy

The Federal Government of Nigeria has been advised to immediately roll out a national policy on alternative and renewable energy to boost electricity generation in Nigeria. The Executive Director of...

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House Committee Says Economic Situation Makes AMOCON Job Harder

AMCON logo           The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri yesterday in Sokoto said that there was need for all institutions that...

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Most Banks Limits/Suspend Intl’ Usage of Naira Cards; FBN Remains Only Bank...

As the foreign exchange liquidity issue continues to linger, banks have continue to review and modify their international usage of naira debit cards. Effective 14th October 2016, bank customers will...

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Nigeria naira ends at 305 after central bank dollar sales

Nigeria’s central bank intervened on Monday with dollar sales to support the naira, which ended at 305.50 per dollar, a range it has closed at for nearly two months, traders said. Traders said the...

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Guinness Nigeria Dividend Drop 84.4% in 2016 Year End

Guinness       Guinness Nigeria Plc on Monday announced that it has proposed a N0.50kobo payout to shareholders of the company for the year ended June 30, 2016. This is contained in a notice to the...

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Lagos to join other regional bodies to develop South-West

Lagos logo         Lagos State Government has expressed its readiness to support the regional integration and development agenda in the South-West region. The integration is to broaden governance...

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Buhari to declare open National Assembly seminar on corruption

President Buhari         In line with the anti-corruption stance of his administration, President Muhammadu Buhari, will on Tuesday declare open a two day seminar aimed at formulating a legislative...

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Access Bank Ghana to raise $26 million through IPO

Access Bank branch office               Access Bank Ghana Limited will begin an initial public offering on October 19, 2016 that it hopes will raise funds to expand the financial firm’s operations....

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Zenith Bank Ghana not affected by Nigeria’s economic woes

Henry Oroh, Zenith Bank CEO       Zenith Bank says the current economic challenges facing Nigeria has not impacted on the Bank’s operations in Ghana. Zenith Bank Ghana is also confident of the...

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Dangote shakes Ghacem; stabilises cement price

      The management of Dangote Cement Plc says the company is well positioned to become the leader of the cement industry in Ghana and Africa within the shortest possible time. The Group Head,...

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African Leaders for Nutrition: The AfDB plays a greater role in promoting...

Akinwumi Adesina, President of the African Development Bank, and John Kufuor, former President of Ghana and Co-chair of the Global Panel on Agriculture and Food Systems for Nutrition, hosted the first...

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World Bank to Increase Support to End Stunting in Bangladesh

World Bank Group President Jim Yong Kim       *announces financing to help increase commitments up to $1 billion         World Bank Group President Jim Yong Kim today said he hopes financial support to...

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Goldberg felicitates with Crown Prince of Benin

 International Goldberg Lager Beer, a brand from the stable of Nigerian Breweries Plc has felicitated with the Crown Prince of Benin Kingdom, Prince Eheneden Erediauwa, as the coronation rites for the...

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Nigeria overnight lending rate at record high on tight liquidity

CBN logo   Nigeria’s overnight interbank rate was quoted at a record high of 150 percent on Tuesday, two days after lenders placed funds with the central bank to participate in last Friday’s currency...

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NSE Says Premium Board Records 1.3% YTD Returns

L-R: Shows Oscar Onyema, CEO NSE; Dr. Yemi Kale, Statistician General, National Bureau of Statistics; Haruna Jalo-Waziri, ED, Capital Markets Division, NSE; Bola Ajomale, MD, NASD and Harriet Agbenyi,...

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Unity Kapital profit down 35% in nine months

Unity Kapital Assurance Plc on Tuesday reported a drop of 35.44 per cent in its profit after tax for the nine months period ended 30 September 2016. This is contained in a notice to the Nigerian Stock...

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Senate Asks Buhari To Conduct Census In 2018

Senate, Legislature, Aliyu Abdullahi,The Nigerian Senate has asked President Muhammadu Buhari to issue a proclamation for a population and housing census to be held in 2018. Moving the motion on the...

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