Most Recent World News

TRANSCORP Gets New CEO And $1bn Profit Target

Seasoned banker, Emmanuel Nnorom has emerged the President and CEO of Transnational Corporation of Nigeria Plc (Transcorp), a leading Nigerian conglomerate and owner of Nigeria’s iconic Transcorp Hilton Hotel Abuja..

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Low Priced Made-in-Nigeria Hyundai Cars Hits The Market

Hyundai Motors Nigeria Limited has started phased delivery of low priced made-in-Nigeria cars assembled at the company’s plant in Lagos to its provisional dealers nationwide This is coming barely three.

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Trade With Africa Is In America’s Self Interest – US Vice President

US Vice President Joe Biden did not mince words while stating the importance of US trade with Africa to the US economy, as he, on Tuesday, addressed the U.S.-AFRICA BUSINESS.

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World Bank Group Commits US$5 Billion to Boost Electricity Generation in Six African Countries

 WASHINGTON, August 5, 2014 – The World Bank Group today committed $5 billion in new technical and financial support for energy projects in six African countries– Ethiopia, Ghana, Kenya, Liberia,.

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Africa Pushes For 15-years Extension Of US Trade Deal

With the US’s African Growth and Opportunity Act (AGOA) due for renewal in 2015, African leaders at the on-going US-Africa Summit are pushing for the pact to be extended by.

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Nigeria Tops Investment Sentiment Index Despite Rising Terror Activities

Despite Boko Haram’s brutality, global markets remain attracted to Nigeria. The country was ranked number one on the Frontier Markets Sentiment Indexwhich tracks the level of interest by US and European.

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Ten African Governments Secretly Sell Oil Worth $55m To Swiss Traders – Report

National Oil Companies (NOCs) in sub-Saharan Africa are selling oil in shadowy deals, according to a report by Natural Resource Governance Institute (NRGI). “A handful of companies are buying public.

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South Africa’s Economy Performing Below Potential – Finance Minister

While the global economic climate is showing signs of improvement, it remains below optimal levels, South Africa’s finance minister said. “Our economy is performing below its potential and certainly way.

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EU Confirms Partnership Agreement for Trade in West Africa – Pledges N1.49 Trillion

The European Union, EU, on Monday confirmed the resolution of its Foreign Affairs Council, FAC, in support of the Economic Partnership Agreement, EPA negotiated with West Africa. Two European Union.

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#AFRICA – Inside the Continent’s New $14bn Social Media Industry

A decade ago, most Africans would never have thought that an individual could bring a corporation to its knees in just 140 characters. But in June 2012, Japheth Omojuwa, an.

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