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The Organisation of Petroleum Exporting Countries (OPEC) is eyeing extensions of its oil production cuts until the end of 2020, but talks are still in early...
Swiss food giant Nestlé on Monday bulked up its medical nutrition business by buying Allergan’s Zenpep, a product for people whose pancreases do not provide enough...
Ford will pay at least $30 million in a proposed settlement over a class-action lawsuit related to failing transmissions in its Fiesta and Focus vehicles. The...
Nigeria’s apex bank, Central Bank of Nigeria, CBN, has increased the Cash Reserves Ratio, CRR, of banks from 22.5 per cent to 27.5 per cent. The...
The African Development Bank (AfDB) moves to invest $600 million for the development of renewable energy in Africa. The President of AfDB, Akinwumi Adesina, disclosed this...
President Muhammadu Buhari alongside Governor Babajide Sanwo-Olu, Governor Abiodun Ikpeazu, others are currently at the ongoing inaugural UK-Africa Investment Summit, London. Photos below;
GTBank a multinational financial institution is currently having network issues and customers have taken their frustration to social media, wondering what the problem is. Some users...
Hundreds of mismanaged infrastructure projects have stalled in Kenya and it will cost around $10 billion to revive them, the IMF said in a report whose...
Access Bank, Nigeria’s top lender by assets has finally acquired Kenya’s Transnational Bank, the Kenyan central bank said on Friday. The deal is the latest in...
Kenya is in advanced talks with the World Bank for “a fairly priced” loan of up to 100 billion shillings ($991.57 million), nearly half of its...