The planned closure of Food Lovers Market branches in Borrowdale and Avondale in Harare is raising fresh concerns over the future of OK Zimbabwe, the country’s largest retail group. The …
Business and Economy
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Business and EconomyEconomyTrade and CommerceZIMBABWE
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AfricaAFRICA NEWSBusiness and EconomyBusiness PoliciesEconomyFinance & ServicesGOVERNMENTInternational RelationsINVESTMENTPolicies
Africa to Launch Own Credit Rating Agency to Boost Financial Sovereignty
Africa is set to establish its own credit rating agency, the African Credit Rating Agency (AfCRA), as part of a bold move to challenge the dominance of global rating giants …
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AfricaAFRICA NEWSBusinessBusiness and EconomyEconomyEntrepreneurshipInnovationManufacturing & Consumer GoodsNewsNigeriaUncategorized
Sundry Markets Limited Named Among Africa’s Fastest-Growing Companies by Financial Times
Sundry Markets Limited, the operator of the well-known Marketsquare supermarket chain in Nigeria, has once again earned a spot on the prestigious list of Africa’s fastest-growing companies, as ranked by …
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BusinessBusiness and EconomyEconomyGOVERNMENTINVESTMENTPoliciesTrade and Commerce
U.S. Pledges Bigger Trade, Investment Push in Nigeria
LAGOS, Nigeria – The United States Ambassador to Nigeria, Richard Mills, has announced a renewed American commitment to boosting trade, investment, and private sector collaboration with Nigeria, describing the country …
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BusinessBusiness and EconomyGOVERNMENTInnovationNigeriaPoliciesTechnologyTelecommunications
Vitel Wireless Makes History as Nigeria’s First MVNO to Connect With All Major Telecom Networks
ABUJA, Nigeria — Nigeria’s telecommunications industry has entered a new era with Vitel Wireless, the country’s first Mobile Virtual Network Operator (MVNO), completing full interconnectivity with all four major Mobile …
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AfricaAFRICA NEWSBusinessBusiness and EconomyBusiness PoliciesEconomy
Botswana Pauses Diamond Production as Global Market Slumps
GABORONE, Botswana – The Debswana Diamond Company, a joint venture between the Government of Botswana and global diamond giant De Beers, has announced a temporary suspension of production at some …
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Business and EconomyEconomyFinance & ServicesGOVERNMENTNigeria
SMEDAN Secures N11 Billion, Creates 100,000 Jobs in Two Years – DG Charles Odii
The Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Charles Odii, has revealed that the agency has facilitated over N11 billion in financial support for …
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BusinessBusiness and EconomyEconomyInfrastructureManufacturingManufacturing & Consumer GoodsNigeriaPoliciesTrade and Commerce
Manufacturers Push for Binding ‘Nigeria First’ Law, Call for Urgent Policy Action to Revive Sector
Key players in Nigeria’s manufacturing industry have renewed calls for decisive government action to unlock the country’s production potential, stressing that economic revival is impossible without strong policy frameworks, legal …
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Business and EconomyEconomyFinance & ServicesINVESTMENTMarketsNigeria
Nigerian Stock Market Soars with N1.16tn Gain as Investors Position Ahead of Eid-el-Kabir
The Nigerian equities market closed on a high note on Thursday as investors celebrated a massive ₦1.16 trillion gain in market capitalisation, the largest single-day profit recorded in recent weeks. …
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Business and EconomyGOVERNMENTMarketsMobile Telecommunications Network (MTN)Nigeria
ARCON Probes 9mobile over Alleged N1bn Advertising Debt
The Advertising Regulatory Council of Nigeria (ARCON) has launched a preliminary investigation into a reported ₦1 billion advertising debt allegedly owed by telecom operator 9mobile, following two formal petitions received …