Most Recent World News

Nigerian Stock Exchange Records $213.5m Increase In Market Cap

The Nigerian Stock Exchange (NSE) has recorded a N34 billion ($213.5 million) rise in its market capitalization, following positive returns on several blue chip stocks. Tuesday’s trading at the bourse.

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World Bank plans universal access to banking facilities by 2020

*As Nigeria secures $1.4bn support At a major forum convened by the World Bank Group at the just concluded IMF/World Bank Group Annual Meetings in Washington DC, bankers, financial leaders.

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Africa’s Newest Billionaire: Ugandan-Born Sudhir Ruparelia, Builds $1.1 Billion Fortune From The Ground Up

Ugandan-born Sudhir Ruparelia worked menial jobs in the United Kingdom, saved up, returned to the country of his birth and built the largest property portfolio in the land  The next.

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Dangote To co-Chair 2014 World Economic Forum in Davos-Kloster, Switzerland

President of Dangote Group, Aliko Dangote, has been appointed to co-chair the next year’s annual meeting of World Economic Forum in Davos-Kloster, Switzerland. According to Nigerian Tribune, the Executive Chairman.

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Shell Nigeria To Sell 4 Oil Blocks For Over $2 Billion

Nigerian unit of Royal Dutch company, Shell has placed on sale four onshore oil blocks in the market for an estimated $2 billion, as its production becomes plagued by incessant.

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Apple surpasses Coke as world’s best brand

Apple has surpassed Coke as the world’s No.1 brand, according to the international brand consulting firm Interbrand. The company has been ranking brands in its annual reports since 2000, and this.

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GOOD NEWS AFRICA: Wealthy families plan investments in Africa

ONE Thousand & One Voices, a private equity scheme backed by “influential families” from around the world, established its Johannesburg office last week and is poised to invest $300m across.

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King of Investments – Morocco’s Mohammed VI Enduring Legacy

 In February 2007, there was great rejoicing in Morocco. Salma Bennani, the wife of King Mohammed VI, had given birth to a baby girl – a first daughter and sister.

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Nigerian Oil Tycoon Kola Aluko Launches $500 Million African Development Fund At Nasdaq

The African Development Bank (AfDB) and Made in Africa Foundation (MIAF), which was co-founded by Nigerian billionaire Kola Aluko, and Ghanaian-born fashion designer, Ozwald Boateng, have launched a $500 million.

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CLOVER INDUSTRIES TO MILK OPPORTUNITIES IN THE REST OF AFRICA

Clover industries South Africa will embark on an African expansion plan that will see the dairy heavyweight develop facilities in Nigeria, Mozambique and Angola, the firm said at its results.

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