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Kenya
CBK says foreign banks targeting local market despite new rate cap
The Central Bank of Kenya (CBK) has disclosed that banks from eight countries are looking to enter the Kenyan market even after capping interest rates.
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Kenya
Low petroleum prices cut import bill by Sh50 billion
Low global petroleum prices helped Kenya save nearly Sh50 billion in petroleum import bills during the first half of the year despite the steep rise in consumption, the latest industry data indicates.
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Cina
Shinsegae Duty Free to Woo Chinese Newlyweds Jointly with Chinese Partners
Shinsegae Duty Free will try to attract Chinese tourists who will get married in Korea, jointly with China's wedding event companies. The Korean retailer said on September 25 that it signed a memorandum with Daoxila, a Chinese online wedding consulting firm, and a Chinese service unit of Barunson Card. With the ...
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Angola
Vice foreign minister to visit Senegal, Angola to put pressure on N. Korea
A South Korean vice minister will visit Senegal and Angola this week to get African countries to put pressure on North K
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Senegal
Une exposition sur un kit de prévention routière, jeudi
Dakar, 26 septembre (APS) - Le centre culturel Blaise Senghor de Dakar, en partenariat avec l'association Babacar et Bénita, organisent une exposition de photos, jeudi à partir de 11h, annonce un communiqué parvenu à l'APS. - Société
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Nigeria
Jimoh Ibrahim calls for National Commission for recession
•commends Adeosun The Group Managing Director of Energy Group and Publisher of the National Mirror Newspapers, Dr. Jimoh Ibrahim, has advised the Federal Government to urgently set up a National Commission for Recession Management (NCRM) at the Federal, State and Local Government levels. This is important if Nigeria wants to come out of economic recession, the business mogul said. Ibrahim said this economic strategy will ...
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Brasile Nigeria
NDLEA arrests cocaine suspects using new courier methods at Lagos Airport
Officials of the National Drug Law Enforcement Agency, NDLEA, attached to the Murtala Muhammed International Airport, MMIA, Lagos, have arrested two suspected drug traffickers found with wraps of a narcotic drug that tested positive as cocaine, estimated at 485 grammes. One of the suspects was caught hiding the illicit drug in the collar of his jacket, a new method adopted by couriers of drugs. He was on ...
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USA Nigeria
Nigeria calls for establishment of Africa skills fund dev.
Nigeria has called on the United States to assist in establishing an Africa Skills Development Fund to facilitate the training of skilled manpower among the army of unemployed African youths. A statement issued in Abuja Sunday said the Minister of Labour and Employment, Chris Ngige, made the call at the Labour and Trade Ministerial roundtable of the Africa Growth and Opportunity Act, AGOA, held in Washington ...
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Nigeria
Sale Of National Assets Will Reduce Borrowing – Adeosun
Minister of finance, Kemi Adeosun, has spoken out in support of the proposal for Nigeria to sell off some of its national assets to raise funds to reflate the economy out of recession, saying the move will reduce government borrowing. Adeosun made this comment during a meeting with business editors ...
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Nigeria
NSC Advocates Removal Of Physical Trade Barrier In Africa
The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council (NSC), has called for the removal of physical trade barrier in African sub-region. Bello made the call during the inauguration of the interim working committee of West Africa Road Transport Union (WARTU), held in Lagos, at the weekend. ...