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Gold rises on renewed US stimulus hope, dollar falls

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Spot gold rose 0.3 percent to $1,910.56 an ounce at 3:37pm, New York time, after falling as much as 0.5 percent. Gold rose on renewed...
Business Finance

CBN: Nigeria far from financial inclusion target

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A report by the Central Bank of Nigeria and the Enhancing Financial Innovation & Access has said that Nigeria is far from achieving its financial...
Business Finance Insurance

Nigeria’s manufacturing sector contracts further

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As the Nigerian economy contends with the effect of the COVID-19 pandemic, the manufacturing Purchasing Managers’ Index (PMI) has further contracted for the fifth consecutive...
Business Finance

Nigerian government approves $1.9 billionn for Kano-Niger Republic rail line

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The Federal Executive Council (FEC) Wednesday approved the award of contract for the development of the proposed Kano-Katsina-Jibia to Maradi rail line in Niger Republic...
African News Finance

Fire ravages Uganda’s top university

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A huge fire has destroyed part of the main building of Uganda’s prestigious Makerere University, one of Africa’s oldest, police said Sunday. “The fire is...