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Global stocks waver as coronavirus fears trump recovery hopes

Global stock markets wavered on Monday as soaring COVID-19 cases offset investor hopes of a quick economic recovery, even after data showing that the Chinese...

Dangote completes Nigeria’s longest concrete road

Makamba Online The Dangote Group has completed Nigeria’s longest rigid pavement located in Kogi State. It is the first of its kind, top engineers say....

NBS: Nigeria’s food inflation hits 19.56 percent

Nigeria’s inflation rate rose to 15.75 percent in December 2020, a 0.86 percent increase from 14.89 percent in November, the National Bureau of Statistics (NBS)...
Business Canada Finance Health UK

AfDB appoints directors-general, deputy directors-general in regional offices

The African Development Bank Group has announced the appointment of directors-general for the East, Central and Southern Africa regions and deputy general for the East,...
Business Health

World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021

ABS-CBN The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread...
African News Business News US

World Bank predicts extreme poverty and depressed economies in Africa

The World Bank has called for rapid COVID-19 action, including a faster vaccination process, to limit the damage to global growth in 2021. In its...
Business EU UK

US imposes fresh tariffs on French, German products over Boeing-Airbus dispute

The United States announced Wednesday that it will impose additional tariffs on French and German products as part of a long-running dispute over subsidies for...
Business Entertainment Finance

Lagos chamber hints of rising inflationary rate in 2021

Lagos Chamber of Commerce & Industry The Lagos Chamber of Commerce and Industry (LCCI) says inflation rate will rise in 2021. The chamber made the...