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Nigeria’s Share Index Reaches 9-Month High As Banks, Consumer Stocks Gain

Nigeria's main share index neared a 9-month high today, after rising for a third straight day as investors poured cash into banking and consumer goods...

Naira To Steady On Oil-Sector Dollar Flows After Peg Ditched

Nigeria's naira could stabilise next week on increased dollar liquidity from month-end greenback sales by oil companies, while Ghana's cedi is expected to slip...

CBN Sells Dollars For Fourth Day To Boost Foreign Exchange Liquidity

Central Bank Nigeria (CBN) is selling dollars on the inter-bank market for the fourth day to ease dollar shortages after it floated the currency,...

Factors To Watch In African Markets – June 23

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. GLOBAL MARKETS Asian stocks were...

Firms Set To Acquire Dell Inc’s Software Division

Dell Inc's software division is set be acquired for more than $2 billion, three people familiar with the matter said. The acquisition is said...

Inside OneCoin Cryptocurrency And Its New Brand, OneLife

There is no way to deny the importance of money in our lives. Some people try to dismiss it as something they don’t find...

Alberta Wildfire: Canada Oil Price Surges As Production Slows

The worst wildfire in Alberta history is boosting Canadian crude prices as oil companies evacuate workers and shut in output. Western Canadian Select, the benchmark...

President Buhari Approves Nigeria Delayed Record-Budget To Boost Economy

President Muhammadu Buhari signed Nigeria's biggest ever budget ending months of haggling with lawmakers over spending plans to help stimulate an economy reeling from...

Panama Papers: Source Discloses Motive, Says Govt Should Protect Legitimate Whistleblowers

Sueddeutsche Zeitung (SZ), one of Germany's most reputable newspapers, said on Friday that the source of millions of documents leaked to the German newspaper...

Increased Worries Over Fall In World Stocks For The Second Successive Day

World stocks fell for the second successive day on Wednesday and metals prices declined, pressured by signs of a renewed and prolonged downturn in...

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