Most Recent World News

Volkswagen To Set Up Automotive Facility In Nigeria

When Angela Merkel, Chancellor of Germany, visited Nigeria, Volkswagen took the opportunity to sign a Memorandum of Understanding (MoU) in the presence of both the Chancellor and His Excellency, President.

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Theresa May Announces the Emergence of Twenty New UK Businesses in Kenya

Theresa May, the British Prime Minister, has announced the emergence of twenty new United Kingdom businesses in Kenya, a move she described as a clear demonstration of the confidence the.

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Eni Announces Gas Discovery in Egypt

Eni has announced a gas discovery in the Egyptian Western Desert. The discovery well has been drilled on the Faramid South exploration prospect located in East Obayed concession, 30 km.

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Dangote Group Named Most Valuable Brand in Nigeria

Nigeria’s Dangote has emerged the most valuable brand among the top 50 brands in Nigeria for 2018 which were unveiled in Lagos. This is coming barely three months after the.

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Dangote now most valuable Brand in Nigeria

Nigeria’s Dangote has emerged the most valuable brand among the top 50 brands in Nigeria for 2018 which were unveiled in Lagos. This is coming barely three months after the.

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United Bank for Africa appoints four new board members

The Board of Directors of the United Bank for Africa has announced the appointment of four new members to its board, subject to the approval of the Central Bank of.

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Libya Leads OPEC Oil Output to 2018 High Despite Iran Losses

OPEC crude production rose in August to the highest level this year as a recovery in Libyan output helped to offset a cut in Iranian exports due to U.S. sanctions..

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China’s dominance draws Europe, US closer to Nigeria, Africa

Following China’s almost complete takeover of investment opportunities in Africa, major European nations; France, the United Kingdom (UK) and Germany, including the United States of America are now in the.

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Safaricom faces $4.5m fine for failing to connect small firms

Kenya’s biggest telecoms operator Safaricom faces a fine of around $4.5-million for failing to connect calls made to smaller firms, according to company and regulatory documents reviewed by Reuters. The.

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Ghana may issue $50 bln century bond – President

Ghana may issue a 100-year $50 billion bond as part of the West African nation’s long-term industrialisation plan aimed at weaning the country off aid, its president said at a.

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