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Kenya
Business News: Kenya tests the waters with first ever mobile-traded bond
The National Treasury will tomorrow launch the first ever mobile-traded bond, ending over 17 months of waiting.
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Kenya
Business News: Imperial Bank depositors threaten legal action against CBK
A group of Imperial Bank depositors have threatened to sue the Central Bank of Kenya (CBK) to get information about their money.
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Kenya
Business: Government asked make deals with mining firms known to Kenyans
The secretive nature of deals signed between and companies prospecting for minerals, oil and natural gas in Kenya could be exposing the country to major losses in future.
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Kenya
Business News: Kenya racks up Sh200b shipping bill in three years
Kenya has incurred maritime transport costs amounting to Sh200 billion since 2014.
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Nigeria
CBN optimistic of rates convergence at FOREX market– Emefiele
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) says the apex bank is determined to see the convergence of rates at the foreign exchange market. Emefiele said this while fielding questions from newsmen at the end of the Monetary Policy Committee (MPC) meeting of the CBN in ...
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Nigeria
Estate manager arraigned for foreign exchange fraud
The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned a Real Estate manager, Mr. Oluwafunmilayo Samuel Ademosu, over alleged N62 million foreign exchange fraud and issuance of dud cheque. Ademosu was arraigned alongside his company, H. T. Real Estate Limited, before Justice Josephine Oyefeso of a Lagos State High ...
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Nigeria
Customs announces code number for vehicle duty clearance verification
The Comptroller-General of Customs, retired Col. Hameed Ali, on Tuesday announced a code number for efficient and effective vehicle duty clearance verification. Ali disclosed this at a media stakeholders meeting in Abuja. Ali said that the essence of the meeting was to have a roundtable with stakeholders to come up ...
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Nigeria
Buhari will take Nigeria to promised land – Adesina
The Special Adviser to the President on Media and Publicity, Femi Adesina, on Tuesday said President Muhammadu Buhari is fulfilling his campaign promises to Nigerians, particularly in stimulating the economy for job creation, anti-corruption campaign and security of lives and property. He made the remark while receiving a delegation of ...
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Nigeria
Civil servants appeal to FG to pay outstanding allowances
Public Servants under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) on Tuesday appealed to the Federal Government to pay workers arrears of promotion and other allowances. Mr. Alade Lawal, Secretary General of the association who made the appeal in a statement in Lagos, said that civil ...
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USA
US billionaire philanthropist David Rockefeller dies at 101
Mr Rockefeller, the last of his generation in the famed American family, was the grandson of Standard Oil co-founder John D Rockefeller. The centenarian was at the helm of his family’s fortune, controlling both philanthropic and business interests. He was the youngest of five sons of John D Rockefeller Jr. ...