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TheCable

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Nestle Nigeria appoints new MD

    Nestle Nigeria appoints new MD

Nestle Nigeria Plc has appointed Wassim Elhusseini to replace Mauricio Alarcon as its new managing director. This was disclosed in a statement signed by Victoria Uwadoka, corporate communications and public

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Shoprite closes store in Kenya amid plans to exit Nigeria

    Shoprite closes store in Kenya amid plans to exit Nigeria

Shoprite, Africa’s largest food retailer, will close another Kenyan store leading to a job loss for 115 staff, according to CGTN Africa. In a letter said to have been addressed to

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FG asks airlines to get ready for resumption of international flights

    FG asks airlines to get ready for resumption of international flights

The federal government has asked airlines in the country to begin the process for the resumption of international flights. The federal government had banned international flights in March as parts

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FAO: Global food price index increased by 1.2% in July

    FAO: Global food price index increased by 1.2% in July

The Food and Agriculture Organisation (FAO) says global food prices continued to rise for the second consecutive month in July which was led by vegetable oils and dairy products. In

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Mass sack: Pilots, engineers threaten to withdraw services from airlines

    Mass sack: Pilots, engineers threaten to withdraw services from airlines

The National Association of Aircraft Pilots and Engineers (NAAPE) has issued a two-week ultimatum to airlines that have sacked or plan

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Domestic equities market extends gains by 0.2%

    Domestic equities market extends gains by 0.2%

The domestic equities market, Nigerian Stock Exchange (NSE), extended gains into the third consecutive trading session following price appreciation in

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Airtel Africa terminates merger plan with Telkom

Airtel Networks Kenya Limited, a subsidiary of Airtel Africa Plc, and Telkom Kenya Limited have decided to discontinue the completion

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Africa’s highest paid CEO: A brief history

    Africa’s highest paid CEO: A brief history

BY MICHAEL JIMOH Between March and June last year, I was part of a team that interviewed Austin Avuru at

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UBA facilitates $1.5bn financing for NNPC to boost oil production

    UBA facilitates $1.5bn financing for NNPC to boost oil production

The United Bank for Africa (UBA) has acted as an initial mandated lead arranger with a consortium of Nigerian commercial

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Gains in Zenith, GTB boost stock market performance by 0.3%, investors gain N39.6bn

    Gains in Zenith, GTB boost stock market performance by 0.3%, investors gain N39.6bn

Activities on the Nigerian Stock Exchange (NSE) extended a positive trend on Tuesday with gains in Zenith Bank (3.7 percent),

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