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    Monthly Archives: August, 2017

    Nigeria asks Britain for military equipment to fight Boko Haram Islamists – Johnson

    LAGOS, Aug 31 - Britain is considering a request to sell military equipment to Nigeria to help it fight Boko Haram Islamist militants,...

    Heidelbergcement’s Tanzanian unit posts 46 pct profit fall

    DAR ES SALAAM, Aug 31  - Tanzania Portland Cement Company(TPCC), majority owned by Germany’s Heidelbergcement, on Thursday posted a 45.6 percent drop in first-half...

    Caging the Demagogues in Nigeria’s Political Space

    By Jerome-Mario Utomi They were voted to provide good and qualitative leadership; elected to bring the nation’s economy out of the wood and were chosen...

    OPEC output falls by 170,000 bpd to 32.83m bpd on renewed Libyan outages

    Aug compliance by 11 countries with targets up to 89 pct Libyan output posts biggest drop, Saudi and Iraq pump less By Alex...

    U.S, Nigeria trades drop to $6.8 bln as Calls for Naira Free Float Thickens

    By Paul Wallace Senator Coons says U.S. businesses want a free-floating naira Nigerian military asks U.S. for armored vehicles, Coons says  Nigeria’s is U.S's third-biggest...

    Distell Eyes Nigeria, Angola Expansion in Rights Offer Drive

    By Janice Kew South African drinks company eyes deals in rest of continent Maker of Amarula would first look to increase debt threshold Distell Group...

    WEEKAHEAD FX: Naira seen stable on increased dollar supply

    As Kenya's shilling to seek direction from court ruling on election Nigerian naira is seen range bound against the U.S. currency next week as...

    Boko Haram: Cholera hits Nigeria’s camp for internally displaced people in northeast

    MAIDUGURI, Nigeria, Aug 31  - Cholera has broken out in northeast Nigeria at a camp for people displaced by the eight year conflict with...

    Fitch Affirms Nigeria at ‘B+’; Outlook Negative

    projects Nigeria's Inflation to decline to 11% in 2019 Lagos Nigeria August 31 (Fitch) Fitch Ratings has affirmed Nigeria's Long-Term Foreign-Currency Issuer Default Rating...

    Nigeria’s foreign exchange reserves at 2-1/2 year high of $31.6 bln

    LAGOS, Aug 31  - Nigeria’s foreign exchange reserves stood at a two and a half-year high of $31.59 billion as of Aug. 18, central...

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