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Global stocks waver as coronavirus fears trump recovery hopes

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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...
Business

Dangote completes Nigeria’s longest concrete road

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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....
Business

NBS: Nigeria’s food inflation hits 19.56 percent

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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

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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

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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

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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

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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

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