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The Magazine
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Top 10 African Countries with the Smallest and Largest Rural Populations in 2024
Africa is a continent of contrasts, not just in its geography and…
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Top 10 Countries with the Largest Proven Natural Gas Reserves in the World
Natural gas remains a key energy resource in the global landscape, powering…
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Top 10 African Countries with the Best Education System in 2024
In 2024, education remains a key pillar of development across African nations.…
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Top 10 Foreign Countries with the Largest Nigerian Population in 2024
Nigerians have long been recognized for their strong cultural presence and far-reaching…
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Top 10 Mineral-Producing Countries in Africa by Export Value
Africa is a treasure trove of natural resources, holding around 30% of…
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Top 10 African Countries with the Largest Foreign Direct Investments (FDI) in 2024
Foreign Direct Investment (FDI) is a crucial driver for economic growth and…
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Top 10 Africa’s Fastest Growing Economies in 2024: IMF Report Highlights Real GDP Growth
In April 2024, the International Monetary Fund (IMF) released its report on…
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Cape Town to Open Second Airport, Cape Winelands Airport, by 2027
Cape Town, South Africa, is set to welcome a new gateway to…
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Nigerian Loan Apps: Safety Tips and Key Considerations for Borrowers
In recent years, Nigerian loan apps have become increasingly popular, offering swift…
Consumer Tech
Technology
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Technology Innovation
Rwanda Begins Construction on $300 Million Kigali Innovation City: Africa’s New Silicon Valley
Rwanda has embarked on a transformative journey with the construction of the $300 million Kigali…
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Finance
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Finance
Nigeria’s Foreign Reserves Surge by $2.35 Billion, Boosting Naira Stability
LAGOS – Nigeria’s foreign reserves have experienced a significant boost, with the Central Bank of Nigeria (CBN) recording an average…
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Finance
Russia Secures 90% Stake in Fuel Pipeline Deal with Republic of Congo
Russia has tentatively agreed to construct a significant fuel pipeline in the Republic of Congo, linking the western port of…
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News Update
Dangote Refinery Faces Boycott from Local Marketers, Exporting Majority of Production
The Dangote Refinery, Africa’s largest, is facing challenges as local petroleum marketers in Nigeria continue to boycott its products, preferring…
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Finance
Algeria Approved to Join BRICS New Development Bank
Algeria has officially received approval to join the BRICS New Development Bank (NDB), marking a significant step in the nation’s…
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Finance
NNPCL To Hand Over Warri, Kaduna Refineries To Private Operators
The Nigerian National Petroleum Company Limited (NNPC) has announced its plan to engage reputable and credible Operations and Maintenance (O&M)…
Must Read
Banking
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Banking
Dollar to Naira Exchange Rate on Black Market Today – 5th September 2024
As of September 5th, 2024, the exchange rate of the US dollar (USD) to the Nigerian naira (NGN) on the…
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Markets
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Market Analysis
Presidential CNG Initiative Begins Distribution and Installation of CNG Kits in Ogun State
On Saturday, the Presidential Compressed Natural Gas Initiative (P-CNGi) launched a key phase of its plan to reduce fuel costs…
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Policy
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Policy and Regulation
EFCC Chairman Vows to Enforce Financial Regulations in Nigeria’s Banking Industry
In a determined effort to sanitize Nigeria’s banking industry, Ola Olukoyede, the Chairman of the Economic and Financial Crimes Commission (EFCC), has pledged to enforce stringent financial regulations. Speaking at the Chartered Institute of Bankers of Nigeria’s (CIBN) Annual Banking…
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