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Showing posts with label Economy. Show all posts
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Ghana’s only crude oil refinery shut after explosion

Tema Oil Refinery, Ghana’s only oil refinery, has been shut after an explosion at a newly installed €5.8-million crude oil heating unit, a...

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MMM Nigeria reopens 24 hours before promised date

Popular ponzi scheme Mavrodi Mondial Moneybox MMM has reopened in Nigeria, 24 hours before its promised date, January 14, 2017.

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MMM Nigeria releases date for unfreezing of accounts

The MMM Nigeria has released a bumper new year message to over 3 millions of its participants over the frozen accounts.

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6 Reasons why CBN, EFCC can't shutdown MMM Nigeria for now

MMM, a former Russian company that perpetrated one of the biggest scams in the 90's has resurrected in Nigeria, and is making quite a ...

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Ghana Begins Exportation of Petroleum products to Niger, Other Countries

Ghana has started the exportation of fuel and gas to land locked countries like Burkina Faso, Niger and Mali from the Bolgatanga Petroleum...

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Nigerians opt for noodles as price of rice escalates

With the skyrocketing price of rice in the market, many Nigerians have opted to eat different kinds of noddles as alternative.

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Zimbabwe to print own version of US dollar

Zimbabwe is set to print its own version of the US dollar in order to ease a cash shortage in the country.

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15 fastest growing economies in Africa 2016

Having enjoyed blissful growth over the past decade, Nigeria was one of the fastest growing economies in the world, but it is not one of t...

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Nigeria: Dangote vows to help FG revive Nigeria's economy

Popular business tycoon and richest man in Africa, Alhaji Aliko Dangote, has restated his commitment to assist the Federal Government in t...

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Nigeria: We'll survive without IMF loan - Finance Minister

Kemi Adeosun, minister of finance, says Nigeria will overcome its economic challenges “without taking loan facility from the International...

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Capacity building: Google to train 1m youths in Africa on digital skills

Effort to scale up African youths for digital economy has started yielding the expected results, as the global search engine, Google yeste...

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Groundnut pyramids in Kano State, Nigeria

Groundnut pyramids were pyramid-like structures made from groundnut sacks.

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Morocco: Renault and partners to invest $1bn

French carmaker Renault and component suppliers will invest 10 billion dirhams ($1.04 billion) in Morocco to build an "industry ecosy...

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Angola, hit by collapse of oil prices, seeks IMF aid

Angola said Wednesday it had asked the International Monetary Fund for help after the crash in oil prices ravaged government finances. Th...

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African leaders open conference with encouraging messages on economic transformation

ADDIS ABABA, Ethiopia, 4 April 2016, -/African Media Agency (AMA)/- "Our future rests in our hands," declared Ethiopia's Pri...

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Zimbabwe deadline for firms to be black-owned passes

A Zimbabwe deadline for all firms to transfer most of their shares to black Zimbabweans has passed, but it is not clear how many have comp...

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Tunisia: Tourism revenue hit hard by last year's attacks

Tunisia's central bank said on Thursday tourism revenue in first two months in 2016 fell by 54 percent to 182 million dinars ($90.21 m...

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Nigeria: U.S. to invest $600m in the country - John Kerry

The United States will invest more than $600 million in Nigeria this year, Secretary of State John Kerry said yesterday in Washington.

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Burundi 'introduces two SIM card ban'

Burundi has banned people from owning two SIM cards from the same mobile provider, local Bonesha FM reports, quoting a press release from...

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Ethopia: China's $60B Africa pledge not threatened by slowdown

China's economic slowdown will not threaten its plans to plough $60 billion into African development projects, Beijing's ambassad...

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