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IMF urges Nigeria, AU’s largest economies to deepen fiscal, monetary, governance reforms
The International Monetary Fund (IMF) has called on Nigeria and other major African economies to deepen reforms across fiscal poli…
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Purple Style Labs IPO: Price band set at ₹546- ₹575 per share; check key dates, issue details
Purple Style Labs IPO ranges from ₹546 to ₹575 per share, with subscription open from 31 August to 2 September. The company aims t…
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UK households face 4% rise in energy bills to average of £1,723 from October – business live
Gas and electricity bills rise to highest level in three years Good morning, and welcome to our rolling coverage of the global eco…
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Saipem and CHEC Land Algeria’s Big Phosphate Contracts
Sonatrach and the Algerian Fertilizers Company awarded engineering contracts to Saipem and China Harbour Engineering for a phospha…
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Afreximbank’s Profit Rose 30% in a Rough Year for Its Members
The Cairo-based trade bank reported net income of US$534.7 million for the first half of 2026, with lending up and non-performing …
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Britons to face highest price cap in three years as energy bills rise 4% from October
Households in Great Britain will pay equivalent of £1,723 a year from October, prompting calls for more support Millions of househ…
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Record 70,177 Tonnes Lift Congo’s Kipushi Into Zinc’s Top Three
Kipushi produced a record 70,177 tonnes of zinc in the second quarter as prices reached their highest level since 2022, lifting a …
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Kagame Says Rwanda Wants a Stake in Dangote’s Lamu Refinery
Rwanda is weighing a stake in the US$16 billion refinery Aliko Dangote plans at Lamu, President Paul Kagame said, though he cautio…
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China dividend stocks back in vogue as AI trade fizzles out and bond yields fall
Chinese investors have been seeking shelter in dividend stocks since a global rout on technology stocks, with a handful of old-eco…
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Agentic shopping could raise the bar for payments investments, says Apis Partners
‘The financial institutions will need to be able to participate in that lightspeed discussion between the various agents to facili…
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Is Sikorski’s “European Legion” Proposal a Way for Poland to Deploy “Peacekeepers” to Ukraine?
A sketchy “European Legion” scheme which could deploy to Ukraine illustrates the huge gap between EU belligerent intent and abilit…
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Cloud dependence exposes African AI startups to hidden cost risks – Expert
African AI startups could be exposed to hidden financial and operational risks from their dependence on cloud computing providers,…
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Hungarian households' finances squeezed despite real wage growth
Hungarian households remain financially constrained despite a strong recovery in real wages, with nearly three in ten reporting ha…
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Global Market: China, Hong Kong stocks rise as AI rebound boosts investor sentiment
On Wednesday, stocks in China and Hong Kong surged, reflecting a favourable global market environment. Technology and artificial i…
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Welspun Corp shares drop 6% after CEO, promoter group likely sell stake worth Rs 1,433 crore via block deal
Welspun Corp shares fell sharply on Wednesday after 63 lakh shares worth Rs 1,433 crore changed hands in a block deal. Promoter gr…
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Nigeria’s Exports to China Jump 81% After Tariffs End
Nigerian goods sold to China reached US$2.25 billion in the first half of 2026, an 81% rise, after Beijing scrapped tariffs on 53 …
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Shell and NNPC Sign Terms for US$21 Billion Bonga Project
NNPC and its partners signed an addendum to the OML 118 production sharing contract, moving the Bonga South West Aparo deepwater p…
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Poland’s corporate investment surge confirms new growth engine
Investment by Poland’s large and medium-sized companies rose 13.7% year on year in real terms to €23.3bn in the first half of 2026…
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US$286 Million in African Music Royalties Goes Missing Every Year
A new US programme is training African artists, producers and officials in intellectual property, targeting royalties that never r…
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A Frozen US$140 Million Loan Stalls Cameroon’s First Bauxite Mine
AFG Bank Cameroon suspended disbursements on a US$140 million facility, and Canyon Resources withdrew its timetable for shipping t…
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Cyient shares rocket 8% after investor day, but brokerages see up to 24% downside. Here’s why
Cyient shares jumped 8% after the IT services company outlined its growth and margin roadmap at its investor day. Management is ta…
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BlackRock cuts bitcoin ETF swap minimum to $1 million: Report
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Vedanta Aluminium at earnings inflection point? Here's why Motilal Oswal sees 21% upside
Motilal Oswal has reiterated its Buy rating on Vedanta Aluminium Metal with a target price of Rs 540, implying 21% upside. The bro…
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Angola Awards US$492.89 Million Dam Deal to Its Own Lender
A presidential decree hands Capanda rehabilitation work to a consortium including Gemcorp, whose credit lines with the finance min…